Wednesday, July 19, 2017

Air India chief Ashwani Lohani writes to staff to allay layoff fears

Air India (AI) chief Ashwani Lohani on Tuesday assured employees their interests would be “safeguarded” as he sought to allay concerns over possible layoffs following the government’s decision to sell its stake in the national carrier.

“I would like to reassure all my employees that during the process of disinvestment, the government and the airline management would like to safeguard your genuine and valid interests and ensure that suitable measures to this effect are put in place,” Mr. Lohani, Air India’s chairman and managing director, said in a letter to the staff. It was the first formal communication from the debt-laden airline’s top management since the decision to privatise it was taken. Mr. Lohani also wrote that an ownership change will usher in a corporate culture where merit would be better rewarded.

The Air India boss’ missive to the employees came on a day when a section of the staff held a protest against its proposed privatisation over fear of large scale job losses.

Noting that the government’s decision to pull out of Air India was in the airline’s best interest, Mr. Lohani wrote,”It is the firm conviction of the government that the process of disinvestment is only meant to make Air India a much stronger world class airline capable of competing with others successfully.”
18/07/17 PTI/The Hindu