Wednesday, February 04, 2015

Air India starts disbursing January salary

New Delhi: Air India today started disbursing January salary to its around 22,000 employees after receiving Rs 200 crore equity from the government.

"The salaries were held back as we were awaiting funds from the government. We received Rs 200 crore equity (from the government) only yesterday," Air India sources said.

The employees of the loss-making national carrier usually receive salary on the last day of the month.

"Employees' salary has been uploaded for payment today and tomorrow," they said.

The airline has currently 21,995 employees on its roll and it expects the number to come down to 21,000 by this fiscal. Its wage bill in 2013-14 stood at Rs 3,100 crore.
03/02/15 PTI/Economic Times
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