New Delhi: With Air India hiring additional 800 cabin crew and around 250 pilots, including commanders, its already bloated wage bill is expected to go up by Rs 100 crore this fiscal after seeing a decline in the last few years.
Besides, promotions across segments and hike in Dearness Allowance are likely to be other contributing factors in the increased staff cost, which is pegged at Rs 3,200 crore for the period ending March 31 next year, airline sources said.
"We expect the wage bill to rise by Rs 100 crore to Rs 3,200 crore this fiscal due to the hiring of cabin crew, pilots and employees of other categories besides other factors," a senior Air India official said.
05/09/15 PTI/Economic Times
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Besides, promotions across segments and hike in Dearness Allowance are likely to be other contributing factors in the increased staff cost, which is pegged at Rs 3,200 crore for the period ending March 31 next year, airline sources said.
"We expect the wage bill to rise by Rs 100 crore to Rs 3,200 crore this fiscal due to the hiring of cabin crew, pilots and employees of other categories besides other factors," a senior Air India official said.
05/09/15 PTI/Economic Times
