Friday, June 02, 2017

Proposal to privatise Air India arbitrary: Employees' union

New Delhi: The Air India employees union today called the government's proposal to privatise the national carrier unilateral and arbitrary and threatened to launch a campaign to oppose the move.
The government's plan to withdraw its stakes in Air India will be contrary to all its previous assurances, including in Parliament, the Air Corporations Employees' Union (ACEU) said.
"We are shocked and surprised to know from media reports that the government is on the verge of taking a unilateral and arbitrary decision to privatise Air India," said an ACEU press statement.
Finance Minister Arun Jaitley had last week pitched for Air India's divestment saying it has a market share of 14 per cent whereas its debt is Rs 50,000 crore. Following this, the civil aviation ministry said it was looking at all possible alternatives to make the airline viable.
The Cabinet is expected to take a call on privatising Air India soon.
ACEU, a registered trade union, comprises a majority of ground staff of Air India as well as its cabin crew.
01/06/17 PTI/Times of India