Tuesday, June 05, 2012

Air India plans to hire pilots to run long-haul international operations

New Delhi: With no end in sight to the Air India pilots' strike, the national carrier has firmed up plans to hire new cockpit crew to run its long-haul international operations which have been hit by the 29-day long agitation.
Hiring of new batches of pilots is part of a new business plan for international operations, which the ailing carrier is likely to announce tomorrow. It would be implemented as soon as necessary clearances are granted by aviation regulator DGCA, official sources said today.
The new plan comes two days after the government pumped in Rs 1,200 crore as additional equity in the cash-strapped carrier.
The additional funds are part of the Rs 30,000 crore infusion plan, which is to be implemented over next nine years so long as the airline keeps meeting set financial and operational parameters for a complete turnaround.
05/06/12 PTI/Economic Times
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