Air India may hit air pocket again from Nov 1

Mumbai/New Delhi: Air India’s operations could be disrupted again from November 1 with a section of employees threatening action over non-payment of productivity-linked incentive (PLI) dues. This could gather momentum with the erstwhile Indian Airlines workforce now contemplating following suit.
The spokesperson for the Indian Commercial Pilots Association (ICPA), Capt R.S. Otall, said on Wednesday, “If our PLI dues are not paid by November 1, we will take any action from the book.”
He added that these were pending since August this year. The ICPA represents 1,000 former Indian Airlines pilots.
Late last month, executive pilots of Air India went on a five-day strike on the same issue. The airline then had to roll back its decision of 50 per cent cut in PLI. This was to have translated into savings of Rs 20 crore a month had it been enforced on 7,000 of the total 31,500 employees.
Grappling with loss
Air India is still grappling with losses of Rs 7,200 crore accumulated in the last two years. The current fiscal could see it slip deeper into the red with losses of Rs 5,000 crore.
28/10/09 BusinessLine

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Categories: NACIL Oct 2009