Thursday, May 02, 2019

Amid mounting losses, Air India asks almost 700 staffers to vacate south Delhi flats

New Delhi: With every passing day national carrier Air India is losing Rs 6 crore on its international operations to US and Europe due to Pakistan airspace closure. The airline is now staring a debt to the tune of Rs 9,000 crore for the current fiscal.

This may be one of the reasons the airline, in a letter April 4, asked at least 676 airline employees to vacate posh apartments in Vasant Vihar colony in south Delhi and look for alternate accommodation. The airline employees have instead been advised to "find a flat on rental".

The Air India Housing colony has 810 flats out of which 676 are presently occupied as per the letter.

Air India said it would, if required, enter into a lease agreement with the landlord of the employee.

"If the employee is faced by the employee in getting suitable flat as per the entitlement (HRA/License Fee), Air India will undertake to subsidise the lease amount to the tune of Rs 5,000 to Rs 25,000 as per the entitlement of employee.

A spokesperson from the airline confirmed the development and stated that the process of vacating the flats was on for quite some time, as the present land was now with NDMC.

"The employees would be given lease rentals as per their entitlement for such time as they are employed with Air India." he said.
02/05/19 Pankaj Upadhyay/India Today
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