New Delhi: In a bid to save Air India from financial collapse, the government is considering a proposal to ease out some 7,000 employees over the next two to three years.
At present, the carrier has a high employee -aircraft ratio at around 300 people compared with the industry standard of 160 people. Air India has about 28,000 employees on permanent rolls and 10,000 others on contracts with a fleet of around 120 aircraft.
“There are more employees than Air India needs. We are trying to bring the employee cost down over the years in line with aviation industry norms. About 7,000 employees or more will retire over the next two to three years. Apart from this, it will also offer VRS (voluntary retirement scheme) to employees,” civil aviation minister Ajit Singh said.
21/03/12 Saahil Anant/mydigitalfc.com
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