Air India to turn to expat pilots sacked by Jet Airways

New Delhi: Air India will turn to expat pilots sacked recently by Jet Airways to beef up its dwindling numbers in a last-ditch attempt to normalise operations devastated by a 24-day strike by pilots.
"Air India seeks to operate a small international schedule from now on with the help of 200 pilots, for which it is looking to hire 50-60 expats sacked by Jet Airways recently," a senior official in the civil aviation ministry told ET.
The stricken national carrier is attempting to restore some semblance of normalcy to its crippled international operations, and improve financial performance to meet the milestones set by the government as a condition for the 30,000-crore bailout package. Money will be released only if the airline meets certain performance targets, such as dropping unprofitable routes.
The strike has cost the debt-laden airline more than Rs 330 crore in revenues and is worsening an already difficult financial situation. Air India's losses stand at Rs 20,000 crore and it has a debt of over Rs 43,000 crore.
01/06/12 Anindya Upadhyay/Economic Times

To Read the News in full at Source, Click the Headline

Categories: Air India Jun 2012, Foreign Jun 2012, Jet Airways Jun 2012