New Delhi: Air India is doling out free air tickets to its 24,000 employees, even as it expects to incur a loss of Rs 3,900 crore this financial year and has a debt burden of Rs 35,000 crore.
While its top officers such as functional directors and joint managing directors are entitled to get 24 free tickets each year, deputy general managers and above get 20 passages under a scheme called 'Passage Entitlement-Vacation Travel'.
Those in the category of assistant general managers and senior AGMs with less than 20 years of service can avail 12 such tickets and those above 20 years can get 16. The remaining staffers, who have put in between one and 20 years of service, are entitled to eight free tickets and 12 for those beyond 20 years.Half of these tickets can be used for international travel, according to the scheme which also makes it clear that the number of such staff-on-leave passage would be determined by the airline's commercial department.
The scheme comes at a time when the national carrier is estimating a loss of Rs 3,900 crore in 2013-14, though it is down from Rs 5,200 crore reported in 2012-13 and Rs 7,560 crore posted the year before. The airline is also faced with a whopping debt burden of Rs 35,000 crore.
19/01/14 PTI/Times of India
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While its top officers such as functional directors and joint managing directors are entitled to get 24 free tickets each year, deputy general managers and above get 20 passages under a scheme called 'Passage Entitlement-Vacation Travel'.
Those in the category of assistant general managers and senior AGMs with less than 20 years of service can avail 12 such tickets and those above 20 years can get 16. The remaining staffers, who have put in between one and 20 years of service, are entitled to eight free tickets and 12 for those beyond 20 years.Half of these tickets can be used for international travel, according to the scheme which also makes it clear that the number of such staff-on-leave passage would be determined by the airline's commercial department.
The scheme comes at a time when the national carrier is estimating a loss of Rs 3,900 crore in 2013-14, though it is down from Rs 5,200 crore reported in 2012-13 and Rs 7,560 crore posted the year before. The airline is also faced with a whopping debt burden of Rs 35,000 crore.
19/01/14 PTI/Times of India
