Since the skies are far from clear, the new owner will also be able to lay off employees, as his requirement will drop with the reduction in fleet size, officials familiar with the matter said.
Topics
Air India | Sale of Air India | Privatization of Air India
The central government is likely to make it easier for the new owner of Air India (AI) to cut the size of the national carrier’s fleet by getting rid of surplus planes lying on the ground, even as the aviation sector waits for its grip to loosen. of the pandemic.
Since the skies are far from clear, the new owner will also be allowed to lay off employees, as his requirement will be reduced with the reduction in fleet size, officials familiar with the matter said. While the current airline divestment rules require that the new owner will have to guarantee employment for …
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First Post: Tuesday Dec 22, 2020 06:10 IST
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