Air India pilot bodies advise members not to participate in disinvestment bid

Air India pilot bodies advise members not to participate in disinvestment bid

Mumbai: Air India pilot our bodies IPG and ICPA on Saturday suggested their members to not take part within the airline’s disinvestment course of, saying that the administration has nonetheless not addressed their considerations over “disproportionate” pay lower, which has been in impact since April this yr.

In a joint communication addressed to the members, each the Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) stated that whereas different home airways have “revised” pay lower for pilots, Air India has not performed so.

The communication comes amid stories that Air India workers are making ready to bid for the airline in partnership with a personal fairness fund and every worker can be requested to contribute Rs 1 lakh in direction of the bid.

The disinvestment strategy of Air India and its wholly-owned subsidiary Air India Express and floor dealing with three way partnership (through which it has 50 per cent holding) recommenced in January this yr.

The final 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,” acknowledged the communication.

It additionally stated that “while other major airlines in India have revised the pay cut for its pilots, Air India being a government-owned PSU is yet to address the ordeal faced by us”.

It could also be talked about right here that Air India pilots have been accusing the administration of taking a unilateral resolution on decreasing their salaries by as much as 70 per cent to mitigate the influence of the pandemic on the loss-making airline’s financials.

Besides, they’ve additionally been demanding cost of arrears held again on account of 25 per cent wage lower carried out 5 years in the past.

“Also, there is no clarity on the payment of the illegally withheld 25 per cent arrears due to the pilots to date while we approach the deadline of December 14 for submission of bids for Air India,” the 2 pilot unions stated.

“We would like to once again reiterate not to take any part in the process of employee bids in the strategic sale initiated by the top management official till further communication from us,” the communication acknowledged.

The authorities in January this yr restarted the divestment course of and invited bids for promoting 100 per cent of its fairness within the state-owned airline, together with Air India’s 100 per cent shareholding in Air India Express Ltd, which is the worldwide funds arm and 50 per cent in Air India SATS Airport Services Private Ltd.

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