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What will happen to Air India employees after privatization Quora?

What will happen to Air India employees after privatization Quora?

They will be sacked sooner or later. It’s just a matter of time. Most Former employees of Air India are getting fat pay packets and would now be seen a financial burden on newly privatised Air India management.

Who can travel free in Air India?

“Free Air Travel service is offered to the surviving ‘Andaman Freedom Fighters’ or to the ‘Widows of Ex-Andaman Freedom Fighters’ once a year along with a companion on the confirmed basis on all fares available during the period for journey in Economy Class on sector Kolkata to Port Blair (one way or return),” Air …

What is going to happen to Air India?

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India’s loss making national carrier Air India has been sold to the Tata group, the country’s largest conglomerate. The government has sold the airline to the company, which was the highest bidder at nearly $2.4bn (£1.7bn).

What is companion free scheme?

Air India has been directed by the Ministry of Civil Aviation to stop the ‘companion free scheme’ which allowed a passenger buying a first or business class ticket or full fare economy class tickets to take along a companion for free.

What will happen to Air India employees after privatization?

New Delhi: The government has said that the new owner of the disinvested airline, Air India, will not be able to retrench employees for a period of one year from the closing date and that employees will be eligible to maximum benefits under the Voluntary Retirement Scheme (VRS) if retrenched in the second year from …

What is the retirement age of pilot in India?

65 years
The circular was issued by DGCA on June 25 and was signed by Joint Director General AK Chopra. The retirement age for pilots was increased from 60 to 65 years sometime back keeping in mind the shortage of experienced commanders.

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Do Air India employees get pension?

They do not get pension but get paid PF and gratuity benefits and medical benefits – employees are charged ‘50,000 upon retirement to fund their medical benefits,” said an official source.