Thursday, December 17, 2009

AI foreign pilots refuse to accept 10% pay cut

New Delhi: Foreign pilots working for Air India (AI) have refused to accept a 10 per cent cut in the salary. At the most, they may consider agreeing to a minimal salary cut. The pilots’ decision was conveyed at meeting of Air India officials with pilots’ recruitment agencies like Sigmar Aviation Recrutiment and Rishworth Aviation held on Wednesday in Mumbai.
“First of all we do not want any cut. But, considering AI’s crisis, if they propose any reduction it has to be minimal and not to the extent of 10 per cent in salary alone,” a recruitment agency official, who did not want to be named, told Financial Chronicle.
The carrier has proposed a 10 per cent reduction in foreign pilots’ salary and nearly half the bonus to $ 6,000 from $12,000 - $15,000 paid annually. The carrier also dropped plans to reimburse travel expenses of the foreign pilots that comes to about $3,000 per year.
16/12/09 Parul Chhaparia/mydigitalfc.com
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