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Air India is restoring salaries of employees in a phased manner to pre-pandemic levels as the aviati...
Tata Group has announced Natrajan Chandrasekaran as the chairman of Air India. His appointment was c...
Former Turkish Airlines chairman Ilker Ayci on Tuesday said he has declined the Tata Group offer to ...
RSS-affiliate Swadeshi Jagran Manch Friday said the government should not give clearance to the appointment of Ilker Ayci as the Chief Executive Officer and Managing Director of Air India “keeping in view national security”. SJM’s co-convenor Ashwani Mahajan said the government is “already sensitive” to the issue and has taken up the matter “very seriously”. […]
Tata Sons today announced the appointment of Ilker Ayci as the CEO & MD of Air India. Until very recently, Ayci was the chairman of Turkish Airlines, prior to which he was on the board of directors of the company. The Air India board met this afternoon to consider the candidature of Ilker Ayci. The […]
EPFO onboards Air India for social security coverage to service the Social Security needs of their employees. Air India Ltd applied for voluntarily covered u/s 1(4) of the EPF & MP Act 1952 which has been allowed vide gazette notification dated 13.01.2022 w.e.f. 01-12-2021. The social security benefits will be provided to around 7,453 employees […]
On January 27, the Tata group announced the completion of the transaction for the purchase of Air India from the Government of India. The Tata group takes over management and control of the airline, starting yesterday. The transaction covers three entities – Air India, Air India Express, and AI SATS. Air India is India’s flag […]
Senior bureaucrat Vikram Dev Dutt has been appointed as the Chairman & Managing Director of Air India Ltd as part of a senior-level bureaucratic reshuffle effected by the Centre on Tuesday. Dutt, a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre, is at present Principal Secretary (Tourism) in Delhi government. He has […]
According to an ET report, after disinvestment, and acquisitions by Tata Group thousands of Air India and Indian Airlines employees will come under the ambit of EPFO (Employees Provident Fund Organization) from January 1, 2022. Air India is supposed to shift all of its employees’ from the provident fund trust to the Employees’ Provident Fund […]
The new owners of Air India, Tata Sons will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund, and post-retirement medical benefits of existing and past employees too would be honoured by the new owner, Civil Aviation Secretary Rajiv Bansal said. […]
According to a Reuters report, Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government said on Friday, marking the end of years of struggle to privatize the financially troubled airline. Tata Sons, the holding company for the autos-to-steel Tata conglomerate, bid 180 billion rupees ($2.40 billion) […]
Tata Sons is likely to take over Air India by end of August 2020 The Tata Group is likely to make a formal bid to take over state-run Air India after months of considering acquiring the national carrier that has been put on the block by the central government. The airline was actually formed as […]
Air India to send some employees on compulsory leave without pay for up to 5 years Air India board of directors have approved on July 7 leave without pay (LWP) scheme for its permanent employees for a period of six months to two years, which is extendable to upto five years, in a bid to […]
Air India on Friday introduced a “shorter working week scheme” under which its permanent employees, except pilots and cabin crew members, can opt to work for three days a week at 60 percent salary, said, senior airline officials. This measure has been introduced in order to improve the airline’s cash flow position amid the coronavirus […]
GoAir on Monday said it will defer and part-pay salaries to a majority of its staff because of revenue constraints due to the lockdown imposed to contain COVID-19 pandemic. In a joint letter, GoAir Chairman Nusli Wadia and MD Jeh Wadia wrote to employees informing that there is “no inflow of cash” due to suspended […]
