Wednesday, April 04, 2018

Air India disinvestment: CMD Pradeep Singh Kharola holds meeting with employee unions

New Delhi: : Air India CMD Pradeep Singh Kharola today held a meeting with representatives of four employees' unions to discuss about the proposed strategic disinvestment and their concerns, sources said.

The Civil Aviation Ministry has sought Expression of Interest (EoI) from potential bidders for a 76 per cent stake sale in loss-making Air India as well as divestment of two of the carrier's subsidiaries.

Sources said the CMD met representatives from four unions for about 45 minutes to mainly understand apprehensions of employees about the proposed stake sale. The meeting was convened following directions from the ministry, they added.

Representatives from Indian Aircraft Technicians' Association (IATA), Air India Aircraft Engineering Association (AIAEA), Air Corporation Employees' Union (ACEU) and Air India Employees' Union (AIEU) attended the meeting.

These unions, which together have thousands of members, mostly represent engineering and commercial staff, among others.

Sources said all the four unions are opposed to Air India disinvestment. The representatives were assured by the CMD that their concerns and apprehensions would be conveyed to the ministry, sources added.
04/04/18 PTI/Economic Times