Left ups the ante over A-I, IA merger as GoM meets today

New Delhi: Ahead of the crucial group of ministers (GoM) meeting on Monday to decide the fate of the merger plan of Air India and Indian Airlines, Left parties have stepped up their campaign against the move. They have alleged that the merger would adversely affect the fortune of workers in both the companies. They have asked the government to instead come up with a concrete plan for the welfare of the workers in both the companies.
“After the merger, the government wants to break it into five subsidiary companies and a holding company. It will have a lot of ramifications,” said CPI(M) politburo member MK Pandhe. Under the holding company, the five subsidiaries would be Air India (international operation), Indian Airlines and Alliance Air (domestic operation), Air India Express (low cost international operation) and a cargo company.
Pandhe gave a clear hint that something is cooking against the government’s merger plan, as trade unions of both the Air India and Indian Airlines are preparing to hold a joint seminar to discuss the government’s merger plans.
12/02/07 AM Jigeesh/Financial Express

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Categories: air india feb 2007, indian feb 2007