Sunday, July 26, 2020

Air India Deliberately Shielding Senior Officials Amid Cost-Cutting Measures: Pilots' Unions

New Delhi: It is unprincipled for the senior officials of Air India to exclude their perks and entitlements from the cost-cutting measures that the airline has implemented during the last few days, said the two leading pilot unions of the carrier on Friday. Air India had on Wednesday announced up to 50 per cent reduction in monthly allowances of its employees, who have a gross monthly salary of more than Rs 25,000. The 50 per cent cut for senior Air India officials is only on "allowances" and this equates to an approximate 10 per cent pay cut on the gross salary for the Director-Personnel who is also a "functional director" said the Indian Commercial Pilots' Association (ICPA) and Indian Pilots'Guild (IPG) to Air India Chairman and Managing Director Rajiv Bansal on Friday through a letter
"This is a deliberate whitewash to shield top management from any significant pay reduction," the letter added. "Around 63 cars are provided on lease for functional directors, executive directors, regional directors and general managers. Average lease rent per car per month as per market rates would be around Rs 24,000. This estimates close to Rs 2 crore per annum. Conveniently, this too is not re-examined in any austerity measures," the letter said.
The letter mentioned that while functional directors are eligible for 270 litres of fuel per month, executive directors are eligible for 140 litres of fuel per month. "The fuel expense for these two categories runs into approximately Rs 30 lakhs per annum," the letter said.
26/07/20 PTI/News18
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment