Friday, August 08, 2008

Air India may reassess manpower position

New Delhi: Air India is planning to carry out a total assessment of its manpower situation with a view to identifying the actual requirements and prune staff costs. The assessment will include outsourced manpower in India and abroad.
This is among the various cost-control measures that the airline is looking to implement to reduce costs and work on a turnaround strategy for Air India. The airline will also review contractual employment after superannuation and look at the option of returning leased aircraft so as to make better use of owned capacity in the fleet.
Other cost-cutting steps include doing away with festival advances, subsidised loans and advances and reimbursement towards educational scholarship merit awards immediately.
In addition, encashment of leave for all categories of employees will be stopped with immediate effect.
07/08/08 Moneycontrol.com
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