Air India Engineers against IA and AI amalgamation with NAC

The Air India Aircraft Engineers’ Association (AIAEA) has challenged the scheme of amalgamation of Air India Limited and Indian Airlines Limited with the National Aviation Company of India Limited before the Ministry of Company Affairs. AIAEA has claimed it is a creditor of Air India and, therefore, a unilateral decision to merge the two Airlines suffers from legal infirmity. The association has urged the Ministry to resolve the key pending issues concerning its members before approving the scheme.
According to the petitioner there are two issues between the Air India management and employees that remain unresolved. The charter of demand (COD) that was accepted by the management in 1997 had accepted the wage settlement scheme for the employees and also a review and payment of productivity linked incentive. However, despite accepting the COD, the Air India management has failed to expedite the wage negotiations that are pending for the past 10 years.
AIAEA has submitted that considering the non-payment of substantial overdues, the association’s members are the creditors of Air India and their consent to the terms of the scheme is mandatory.
26/07/07 Bhadra Sinha/Hindustan Times

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Categories: Air India Jul 2007, Indian Jul 2007