Sunday, Sep 27, 2020 | Last Update : 10:10 AM IST

186th Day Of Lockdown

Maharashtra130045899280634761 Andhra Pradesh6614585881695606 Tamil Nadu5693705138369148 Karnataka5572124503028417 Uttar Pradesh3785333136865450 Delhi2644502284365147 West Bengal2410592110204665 Odisha201059165432820 Telangana1838661524411091 Bihar175898161510881 Assam167374136712625 Kerala160935111327636 Gujarat1303911105923394 Rajasthan1247301042881412 Haryana1205781012731273 Madhya Pradesh117588932382152 Punjab107096840253134 Chhatisgarh9856566860777 Jharkhand7770964515661 Jammu and Kashmir69832495571105 Uttarakhand4533233642555 Goa3107125071386 Puducherry2548919781494 Tripura2412717464262 Himachal Pradesh136799526152 Chandigarh112128677145 Manipur9791760263 Arunachal Pradesh8649623014 Nagaland5768469311 Meghalaya5158334343 Sikkim2707199431 Mizoram178612880
  Business   Companies  04 Apr 2018  Air India delays payment of March salaries

Air India delays payment of March salaries

PTI
Published : Apr 4, 2018, 9:22 am IST
Updated : Apr 4, 2018, 9:22 am IST

Air India spokesperson said salaries for March are likely to be paid by Thursday.

The debt-laden carrier has over 21,000 employees, including more than 11,000 on permanent rolls.
 The debt-laden carrier has over 21,000 employees, including more than 11,000 on permanent rolls.

Vadodara: Disinvestment-bound Air India has delayed the payment of salaries for the month of March and is yet to intimate the employees about reasons for the delay, sources said.

The debt-laden carrier has over 21,000 employees, including more than 11,000 on permanent rolls.

 

Generally, salaries are paid by the 30th or 31st of every month and in case of bank holidays around these dates, then payments are made in advance.

Sources at the airline told PTI that March salaries remain unpaid till today and that employees have not received any communication from the management as to when the salaries would be disbursed.

"Since the banks were closed till Monday, we were expecting the salary payment by today, though the practice is of making the salary payments in advance in the eventuality of banks being closed around 30 or 31st of the month," one of the sources said.

When contacted, an Air India spokesperson said salaries for March are likely to be paid by Thursday.

 

On March 28, the Civil Aviation Ministry came out with the preliminary information memorandum for seeking Expression of Interest (EoI) for the strategic disinvestment of Air India.

Air India had 11,214 permanent employees as on December 1, 2017, as per the memorandum.

The government has proposed selling 76 per cent stake in the airline as well as transfer management control to private players. Besides, Air India would divest 100 per cent stake in Air India Express and 50 per cent shareholding in AISATS, an equal joint venture with Singapore-based SATS, according to the memorandum.

Last month, full service carrier Jet Airways had informed its employees that it was postponing payments of March salaries, citing "circumstances beyond its control.

 

Tags: air india, salary, employees, civil aviation ministry
Location: India, Maharashtra, Mumbai (Bombay)