City
Epaper

Pilots' union advises employees not to participate in Air India's strategic sale

By ANI | Updated: December 5, 2020 15:25 IST

The Indian Commercial Pilots' Association and the Indian Pilots' Guild, of which Air India pilots are a part, on Saturday advised members not to participate in the "strategic sale" of Air India till the issue of 'disproportionate' pay cut of pilots is addressed.

Open in App

The Indian Commercial Pilots' Association and the Indian Pilots' Guild, of which Air India pilots are a part, on Saturday advised members not to participate in the "strategic sale" of Air India till the issue of 'disproportionate' pay cut of pilots is addressed.

The unions also said there is no clarity on the payment of the "illegally withheld" 25 per cent arrears due to the pilots to date whilst we approach the deadline of December 14 for submission of bids for Air India.

"While, other major airlines in India have revised the pay cut for its pilots, Air India being a government-owned public sector undertaking is yet to address the ordeal faced by us," the unions said in a statement.

The advisory was issued by the unions after Air India commercial director Meenakshi Malik sent a letter to all Air India permanent employees to participate in the process of employee bids in the strategic sale of the airline.

Malik had, in her letter, said that in order to acquire 51 per cent of the company, employees will have to make a financial contribution towards the total corpus.

"Due to the support we will receive from our financial partner, while I anticipate that each of us will have to make a contribution of no more INR 1,00,000, to bid for the company," the letter said.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

International"Won't allow criminal aggressor to go unpunished": Iran's Supreme Leader issues stern warning, declares victory

National"Historic shift": BJP MP Jagdambika Pal on Women's Reservation Bill

NationalDRI Mumbai busts gold smuggling syndicate, seizes 30 kg gold worth Rs 38 crore; 24 women carriers arrested

CricketWanindu Hasaranga ruled out of IPL 2026, LSG to name replacement soon

CricketIPL 2026 Standings: Updated Points Table After Kolkata Knight Riders vs Lucknow Super Giants​​​​​​​ Match

National Realted Stories

NationalJal Jeevan Mission scam: Former IAS Subodh Agarwal arrested; properties of accused to be attached

NationalIndia, Mauritius strengthen ties with enhanced strategic partnership

NationalOdisha: Congress sets up fact-finding team to probe police excess in Sijimali​

NationalHaryana Chief Minister chairs meeting of High-Powered Purchase Committee

NationalGujarat: BJP, Congress to face off in six-cornered Umreth bypoll