Indian airlines start grounding aircraft; govt considers relief package

The largest Indian airline IndiGo, which has 47 per cent market share, announced a steep pay cut for its senior management, pilots and crews

Indian airlines are cutting shifts, laying off people and announcing steep pay cuts as the global aviation industry flies through the worst turbulence it ever faced.
 
Almost all airlines have drastically cut operations, grounded aircraft as net bookings fall into negative — meaning there are more cancellations than fresh bookings on domestic routes.  As the impact of the crisis unfolds, the civil aviation ministry huddled into a 7-hour marathon meeting with chief financial officers of airlines and airports to finalise a relief package.
 
Government officials said key stimulus will be a tax break on jet fuel, waiver of