Pilots say five-year leave without pay as good as layoff, threaten litigation which may hurt airline's privatisation process
On Wednesday, Air India announced reduction in the allowances of its employees, who have a monthly gross salary of more than Rs 25,000, by up to 50 per cent
National carrier's board authorises chairman Rajiv Bansal to work out controversial proposal
Says it is not that investors are not engaged, but they want more time. Because one thing that is not open yet is international travel
National carrier has a debt of around Rs 70,000 cr and the government started the process to sell it to a private entity in January
Some recent decisions taken by Air India's board are beyond comprehension
Air India has proposed a 60 per cent salary cut for pilots amid the coronavirus pandemic, which has infected 55 of its cockpit crew members
The national carrier in a press statement said the scheme primarily enables employees to proceed on LWP "on voluntary basis"
Union claims while pay cut for crew is 60%, It is only 3.5% for senior management; Aviation minister Puri says if airlinw shuts down, none of the employees will get a job
While scheduled international flights have been suspended in the country since March 23, Air India has been operating international repatriation flights all around the world
The fourth phase of the Vande Bharat mission, which is currently underway, has been augmented with the addition of around 120 flights between July 15-31
Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay (LWP) for 5 years
The pilot sought a direction to Air India to accept the request for withdrawal and permit him to continue beyond August 6
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The board expects that the move will save around Rs 10 crore per month
Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay
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For the senior management, the pay cut is between 1.5% to 2%, while it is 30% for the pilots
Air India says it's 'discontinuing with training arrangement' because of the troubles in the aviation sector
Pilots tell the national carrier that any pay cut has to be across the board and it has to match market standards.