New Delhi, July 30 -- The salaries of India's top two airlines' chief executive officers (CEOs) have shot up, with the compensation for Pieter Elbers of InterGlobe Aviation, which operates IndiGo Airlines, nearly doubling to Rs.42.9 crore in FY25. On the other hand, Air India's Campbell Wilson's target compensation is set to rise 30% to Rs.27.8 crore per annum for FY26-FY27 amid fierce market competition and turbulent times for the industry.

In a regulatory filing made by India's largest airline company on Wednesday, InterGlobe said Elbers' compensation for FY25 was double the Rs.21.6 crore he made a year earlier. IndiGo's profit for the year fell by 11% (pls note the change) to Rs.7,258 crore.

For Wilson, the CEO of India's second-larg...