New Delhi: Air India pilot bodies -Indian Commercial Pilots’ Association (ICPA) and Indian Pilots’ Guild (IPG), in a joint statement, advised their members not to participate in the airline’s disinvestment process, saying that the management has still not addressed their concerns over “disproportionate” pay cut, which has been in effect since April this year. The communication comes amid reports that Air India employees are preparing to bid for the airline in partnership with a private equity fund and each employee will be asked to contribute Rs 1 lakh towards the bid.
In a joint communication addressed to the members, both the Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) said that while other domestic airlines have “revised” pay cut for pilots, Air India has not done so. Also Read - Despite Testing Positive for COVID -19, Air India Express Crew Member Allowed to Take Flight
The disinvestment process of Air India and its wholly-owned subsidiary Air India Express and ground handling joint venture (in which it has 50 per cent holding) recommenced in January this year.
The last date for submission of bid expires on December 14.
“A letter by Meenakshi Mallik (Air India director commercial) with regards to an employee bid in the strategic sale of Air India has been brought to our notice. In this regard, all pilots are advised not to acknowledge or participate in the process initiated by the management official till the disproportionate 70 per cent pay cut for pilots vis-a-vis (10 per cent) pay cut of top officials is addressed,” stated the communication.
05/12/20 India.com
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