Air India staff may get pay hike with new contracts
1 year, 8 months ago

Air India staff may get pay hike with new contracts

Live Mint  

Air India is working on new job contracts for its middle management that would bump up pay for employees whose salaries remained unchanged after the airline’s privatization, two people aware of the matter said. With the new job contracts taking effect this financial year, many employees in non-operational departments such as human resources and finance will see their salaries increase since they will be indexed to private sector pay scales. While Air India estimates that about 2,000 employees across departments would opt for the second VRS, many may stay away till there is clarity on the new pay structure. Along with the new pay structure and VRS, Air India has also completed an employee share benefit scheme for permanent employees, issuing 980 million shares worth about a 3% stake in the airline.

India Structure Employees Air Pay Vrs  second  staff  air  pay  employees  till  vrs  share  hike  scheme  structure  contracts  india

History of this topic

‘Six months is reasonable…’: Tata-owned Air India’s CEO Campbell Wilson on Boeing aircraft delivery delay
3 weeks, 4 days ago

‘Six months is reasonable…’: Tata-owned Air India’s CEO Campbell Wilson on Boeing aircraft delivery delay

Live Mint  

Tata Group-owned aircraft carrier Air India's Chief Executive Officer Campbell Wilson, while talking about delays in aircraft maker Boeing's pipeline, said that there is a delay in getting all “50 white-tail aircraft,” which were expected to join the fleet early December this year, PTI reported on Thursday, November 28. Out of the 50 white-tail Boeing 737 MAX aircraft, at least …

Why Air India’s overhaul plan has hit an air pocket
6 months, 1 week ago

Why Air India’s overhaul plan has hit an air pocket

Hindustan Times  

Rahu and Ketu, the two “ dashas ” as per Hindu mythology, are phases that offer an opportunity for a transformative experience if one is able to overcome the obstacles and challenges one encounters during them with wisdom, balance and self-realisation. By all indications, India’s erstwhile national carrier Air India, now owned by Tata Sons, is undergoing an intense period …

Air India announces salary hike of up to ₹15,000 per month for pilots, annual performance bonus: Details
6 months, 4 weeks ago

Air India announces salary hike of up to ₹15,000 per month for pilots, annual performance bonus: Details

Hindustan Times  

Air India salary hike: Air India announced salary hike of up to ₹15,000 for pilots and annual performance bonus of up to ₹1.8 lakh. From first officer to senior commander positions, salaries have been increased by ₹ 5,000 to ₹ 15,000 in fixed pay per month. Bonus of ₹ 42,000 to ₹ 1.8 lakh per annum will be given from …

After decades of decline, Air India is betting billions on a comeback
7 months, 2 weeks ago

After decades of decline, Air India is betting billions on a comeback

Al Jazeera  

CEO Campbell Wilson says journey to restoring Air India’s reputation is ‘well under way’. Tasked with leading this mission is Air India CEO Campbell Wilson, who was recruited from Singapore’s low-cost airline Scoot in 2022 to turn around the carrier, founded in 1932 by French-Indian aviator entrepreneur JRD Tata. After the “capital-intensive” five-year plan is completed, Air India hopes to …

Air India lays off over 180 non-flying staff; airline says, ‘they could not utilise VRS or reskilling opportunities…’
9 months, 1 week ago

Air India lays off over 180 non-flying staff; airline says, ‘they could not utilise VRS or reskilling opportunities…’

Live Mint  

In the last few weeks, Air India has laid off more than 180 non-flying staff, sources close to the development cited. However, the airline revealed that the affected people could not utilise the voluntary retirement schemes and reskilling opportunities. Speaking about it, an Air India spokesperson on Friday said, as part of fitment process, employees in non-flying functions have been …

Air India unveils new brand logo, livery as part of transformation plan under Tata Group | WATCH
1 year, 4 months ago

Air India unveils new brand logo, livery as part of transformation plan under Tata Group | WATCH

India TV News  

As part of its ongoing transition since being acquired by Tata Group more than one and a half years ago, Air India introduced a new brand logo and aircraft livery on Thursday. The new look transforms the iconic Indian window shape, historically used by Air India, into a gold window frame that becomes the focal point of the new brand …

40% seats on Air India planes repaired since Tata take-over
1 year, 5 months ago

40% seats on Air India planes repaired since Tata take-over

The Hindu  

Crumbling seats, broken armrests, and dysfunctional seat-back entertainment screens on Air India’s aircraft often make the airline a subject of passenger ire but a massive repair and revamp exercise is afoot under which 40% of seats across its widebody and narrowbody planes have already been repaired since the Tata take-over last January. $400 million for retrofit The airline has also …

Air India pilots’ union to accept revised service terms, new compensation structure
1 year, 7 months ago

Air India pilots’ union to accept revised service terms, new compensation structure

India TV News  

New Delhi: Two pilot unions of Tata-owned Air India have decided to accept the revised service norms and new compensation structure offered by the airline. ‘Joint directive stands withdrawn’ "Upon the assurances given in the online Townhall Meeting for all pilots' and in the interest of the aspirations of Air India, The Tata Group and our passengers, the joint directive …

Air India extends voluntary retirement scheme deadline for staff. Check new date
1 year, 7 months ago

Air India extends voluntary retirement scheme deadline for staff. Check new date

Hindustan Times  

Tata-owned Air India on Monday announced an extension of the last date for employees to apply for Voluntary Retirement Scheme. Tata Sons, which won the bid to acquire Air India in January 2022, had said it would retain all employees for one year and offer VRS if it plans cost-cutting measures later. The offer, available from March 17 to April …

Air India extends voluntary retirement offer for employees till May 31
1 year, 7 months ago

Air India extends voluntary retirement offer for employees till May 31

India TV News  

New Delhi: Tata-owned Air India on Monday extended the last date to apply for Voluntary Retirement for its employees till May 31. Voluntary retirement offer of Air India The airline in March made a voluntary retirement offer for its non-flying staff, the second such offer by the Tata Group after taking control of the loss-making airline in January last year. …

Licence renewal issue: Air India sends a strongly worded email to pilots
1 year, 7 months ago

Licence renewal issue: Air India sends a strongly worded email to pilots

Live Mint  

The tussle between the management of Air India and the pilots seems to be extended for some more days as Air India has sent out a strongly worded email, including a directive of disciplinary and monetary action against its pilots, in case of delay in licence renewal or Airport Entry Pass. Air India in an email said,"An email was sent …

Air India to hire over 1,000 pilots in a bid to expand its fleet
1 year, 7 months ago

Air India to hire over 1,000 pilots in a bid to expand its fleet

Hindustan Times  

Air India will hire more than 1,000 pilots, including captains and trainers, as the Tata Group-owned airline expands its fleet and network. Meanwhile, pilots of Air India have raised concerns about the airline's latest decision to revamp their salary structure and service conditions. On April 17, Air India rolled out a revamped compensation structure for its pilots and cabin crew, …

Air India to hire more than 1,000 pilots
1 year, 7 months ago

Air India to hire more than 1,000 pilots

Deccan Chronicle  

New Delhi: Air India will hire more than 1,000 pilots, including captains and trainers, as the Tata Group-owned airline expands its fleet and network. The carrier, which was taken over by the Tata Group in January last year, is hiring more than 1,000 pilots, according to an "We are offering multiple opportunities and accelerated growth across our A320, B777, B787 …

Not being treated with respect and dignity: Air India pilots write to Ratan Tata
1 year, 7 months ago

Not being treated with respect and dignity: Air India pilots write to Ratan Tata

India Today  

Over 1,500 Air India pilots have written to Tata Sons chairman emeritus Ratan Tata, seeking his intervention after the airline revamped their salary structure without any prior consultantion. Addressing Ratan Tata, the pilots wrote: “We believe that your benevolent leadership can help us to find a solution that is fair and respectful to all parties involved.” Pilots upset over revamped …

Air India pilots seek Ratan Tata's intervention in revamped salary structure
1 year, 7 months ago

Air India pilots seek Ratan Tata's intervention in revamped salary structure

Hindustan Times  

Air India pilots, who are up in arms against the airline's management's decision to unilaterally alter their salary structure and services conditions, on Tuesday sought Ratan Tata's intervention in resolving the issue. Air India In a petition, signed by a little over 1,500 Air India pilots, the community alleged that the "pilots' concerns are not being heard or addressed by …

Air India pilots not on board with new pay structure
1 year, 8 months ago

Air India pilots not on board with new pay structure

Live Mint  

Air India pilots are disappointed with the latest pay structure and employment policies announced by the Tata Group-run airline. In a written complaint to the airline's HR head, the pilot unions of erstwhile Indian Airlines, Indian Commercial Pilots' Association, and Air India, Indian Pilots Guild, challenged Air India's "unfair labour practice." Any coercive steps or victimisation by the company against …

Don't accept new pay structure: Air India pilot bodies to members
1 year, 8 months ago

Don't accept new pay structure: Air India pilot bodies to members

Hindustan Times  

Pilot bodies at Tata Group-owned Air India have asked their members not to sign revised terms and conditions and warned the management of industrial unrest if it resorts to victimisation or coercive step, as per a communication on Wednesday. Read here: Air India announces new salary structure for pilots, cabin crew: Official According to union sources, Air India has unilaterally …

Air India announces new salary structure for pilots, cabin crew: Official
1 year, 8 months ago

Air India announces new salary structure for pilots, cabin crew: Official

Hindustan Times  

Air India on Monday announced new salary structure for pilots and cabin crew, increasing the remuneration for several categories of staff, officials said. The announcement by the airline, which its new owner Tata Group has said is undergoing a transformation plan, is likely to affect at least 2,700 pilots across Air India, Air Asia India and Air India Express brands, …

Air India announces new salary structure for pilots, cabin crew | Details
1 year, 8 months ago

Air India announces new salary structure for pilots, cabin crew | Details

India TV News  

Air India revamped the salary structure for its pilots and cabin crew, which includes a revision of the per-hour flying rate for pilots. Air India has about 4,700 FTC cabin crew and nearly 1,000 permanent cabin crew. The cabin crew organisation structure for both permanent and FTC cabin crew has been redesignated into four segments -- Trainee Cabin Crew, Cabin …

Air India rolls out new pay structure; salaries up in several categories
1 year, 8 months ago

Air India rolls out new pay structure; salaries up in several categories

Live Mint  

New Delhi: Air India unveiled revised salary structures for pilots and cabin crew on Monday, raising remuneration for several staff categories. The airline’s new owner, Tata Group, is currently implementing a transformation plan that will impact at least 2,700 pilots across Air India, Air Asia India, and Air India Express brands, along with 5,600 Air India cabin crew. The airline …

Air India makes another voluntary retirement offer to its non-flying staff above 40 years of age
1 year, 9 months ago

Air India makes another voluntary retirement offer to its non-flying staff above 40 years of age

India TV News  

Air India news: After the Tata Group took over the loss-making Air India in January last year, the airline extended the second voluntary retirement offer to its non-flying workers on Friday. Around 2,100 employees will be eligible for voluntary retirement offer According to reports, a total of around 2,100 employees will be eligible to avail the latest voluntary retirement offer. …

Cabin crew shortage hits Air India flight operations
1 year, 9 months ago

Cabin crew shortage hits Air India flight operations

Hindustan Times  

At least two ultra-long-haul Air India flights were delayed on Sunday allegedly due to the shortage of cabin crew and airline pilots, officials aware of the matter told HT. Speaking to airline officials, it was learnt that the crew was unable to manage constant pullouts and changes in the roster “Air India flights to Chicago and Toronto operating on Sunday …

Air India's order for 470 jets at list price of $70 billion
1 year, 9 months ago

Air India's order for 470 jets at list price of $70 billion

The Hindu  

Tata group-owned Air India's order for a record 470 aircraft from Airbus and Boeing Co will be at a list price of $70 billion, Chief Executive Campbell Wilson said on February 27, as the airline seeks opportunities to expand in long haul international. Air India had, earlier this month, announced provisional deals for 220 planes from Boeing and 250 from …

Air India to hire over 4200 cabin crew and 900 pilots in the year 2023
1 year, 9 months ago

Air India to hire over 4200 cabin crew and 900 pilots in the year 2023

Op India  

Days after announcing mega deals to purchase 470 aircraft from Boeing and Airbus, Air India on Friday announced that over 4,200 cabin crew trainees and 900 pilots will be hired in the year 2023 to meet its growing manpower needs. Earlier this month, Air India announced two mega order to purchase 220 aircraft from Boeing and 250 aircraft Airbus to …

Air India-Airbus-Boeing deal was sealed with dinner at luxury Indian restaurant
1 year, 10 months ago

Air India-Airbus-Boeing deal was sealed with dinner at luxury Indian restaurant

Hindustan Times  

Air India's record aircraft deal has put the Tata Group-owned airline in the league of aspiring global carriers. 'METHODICAL, TOUGH' The contest for attention played out across London on a chilly day in December as Airbus found itself in talks with Air India on one side of the capital, while fighting Qatar Airways in court over the fate of similar …

Tata’s Air India to buy 470 aircraft from Boeing, Airbus
1 year, 10 months ago

Tata’s Air India to buy 470 aircraft from Boeing, Airbus

The Hindu  

Air India on Tuesday announced a 470-aircraft order with Airbus and Boeing, including 260 widebody planes, the largest order ever from any Indian airline and among the largest globally. As a part of the same, we are celebrating the order of 470 aircraft with @Airbus@BoeingAirplanes@RollsRoyce@GE_Aerospace@CFM_enginespic.twitter.com/NvkeZqZ0xt — Air India February 14, 2023 “It is not just the largest order ever made …

Air India signs agreement with Airbus, Boeing for largest purchase in history
1 year, 10 months ago

Air India signs agreement with Airbus, Boeing for largest purchase in history

Live Mint  

Air India Ltd. has signed agreements with Airbus SE and Boeing Co. for what could become the largest purchase of jetliners in commercial aviation history, as the carrier seeks to reinvent itself with a fuel-efficient fleet that can take on local low-cost rivals and powerful Gulf airlines like Emirates. Air India and its parent, Tata Group, spent months negotiating the …

Here's why Singapore Airlines is investing in Air India
1 year, 10 months ago

Here's why Singapore Airlines is investing in Air India

Hindustan Times  

When the Singapore Airlines Group released its operating statistics for December 2022, it revealed that it carried almost 12 per cent more passengers compared with a month ago and four times more than a year ago. SIA's passenger load factor in December 2022 came in at 89.7 per cent during the month -- 3.8 percentage points more compared with a …

Air India marks 1 year of privatisation, says average daily revenue has doubled
1 year, 10 months ago

Air India marks 1 year of privatisation, says average daily revenue has doubled

The Hindu  

On the occasion of the first anniversary of Tata Sons buying Air India from the government, the airline said it is in the process of finalising a “historic” order of new aircraft for future growth. Sharing data on the improvement in operational parameteres since January 27, 2022 when the government handed over the ownership and management of the airline, Air …

Tata's Air India to seal half of jumbo plane order with Boeing: Report
1 year, 10 months ago

Tata's Air India to seal half of jumbo plane order with Boeing: Report

India Today  

Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources said, as its new owner seeks to revive the airline and compete with larger rivals. After months of closely guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 …

DC Edit | Good news in India’s skies
2 years ago

DC Edit | Good news in India’s skies

Deccan Chronicle  

The merger of Vistara and Air India is good news for Air India. It may take a while for it to turn out to be good for the average Indian flier as the merger, by 2024, promises to make Air India a bigger entity as the country’s second biggest domestic carrier behind IndiGo. The synergy will bring an infusion of …

India’s Tata Group to merge Air India with Vistara airlines
2 years ago

India’s Tata Group to merge Air India with Vistara airlines

Al Jazeera  

The merger will create a bigger full-service carrier that will strengthen Tata Group’s presence in domestic and international skies. Indian conglomerate Tata Group is merging Air India with Vistara, its joint venture with Singapore Airlines, to create a bigger full-service carrier that will strengthen its presence in domestic and international skies. Tata Group Chairman Natarajan Chandrasekaran said the merger was …

Air India to introduce premium economy class in long haul flights from December | DETAILS
2 years, 1 month ago

Air India to introduce premium economy class in long haul flights from December | DETAILS

India TV News  

Air India news : Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today as the Tata group-owned airline works on ways to expand its market share as well as the global network. Addressing an event organised by JRD Tata Memorial Trust, Wilson also said opportunities …

Tatas evaluating options to consolidate AirAsia India, Vistara under Air India
2 years, 3 months ago

Tatas evaluating options to consolidate AirAsia India, Vistara under Air India

Deccan Chronicle  

MUMBAI: The Tata Group has started an exercise to evaluate options to consolidate AirAsia India and Vistara under Air India to bring operational synergies among the three airlines under its umbrella, sources said. The team will evaluate synergies in operations between Air India Express and AirAsia India as well as between Air India and Vistara, they said. Tata Group took …

Tata Sons plans to raise $4 bn for Air India
2 years, 3 months ago

Tata Sons plans to raise $4 bn for Air India

Live Mint  

MUMBAI : Tata Sons Ltd, the holding company of the Tata group, plans to raise as much as $4 billion to infuse fresh capital into Air India and refinance costly debt, two people directly aware of the matter said. Tata plans to raise funds through a mix of equity and hybrid debt to refinance a part of Air India’s debt …

Air India to restore staff salaries to pre-Covid level
2 years, 3 months ago

Air India to restore staff salaries to pre-Covid level

India TV News  

Air India will restore salaries that were cut in the wake of the coronavirus pandemic from September 1, according to a communication. The loss-making airline, which was taken over by Tatas in January this year, has also decided to revise crew layover allowances and meal arrangements from September 1. In the communication to the employees, Air India CEO and Managing …

Air India Pilots, Cabin Crew, Other Employees' Salaries to be Restored in Phases. Details Here
2 years, 8 months ago

Air India Pilots, Cabin Crew, Other Employees' Salaries to be Restored in Phases. Details Here

News 18  

Tata Group-owned Air India on Friday announced to restore the salaries of its employees in a phased manner. Salary Restoration for Air India Pilots For pilots, the company has restored 20 per cent of the flying allowance in the current phase. Salary Restoration for Air India Cabin Crew Flying allowance for the cabin crew has been restored 10 per cent. …

What challenges await the Tatas and Air India?
2 years, 10 months ago

What challenges await the Tatas and Air India?

The Hindu  

The strategic disinvestment of the erstwhile national carrier Air India was completed on January 27 this year. Having taken over Air India’s operations, the winning bidder, Tata Sons faces the challenge of making the carrier profitable toggling through the several operational mandates, it agreed upon during the bidding process. ₹ 1.10 lakh crore since FY 2009-10, Mr. Pandey had mentioned …

Tata chief: Air India will be made world-class
2 years, 10 months ago

Tata chief: Air India will be made world-class

Hindustan Times  

The goal is to make Air India the world class airline it deserves to be, Tata Sons chairman N Chandrasekaran told employees of the newly acquired carrier during a virtual staff address on Wednesday. “We want Air India to be a world class airline as it deserves to be and best in customer service. The ministry of finance on Wednesday …

Air India back to Tatas: Who gets what
2 years, 10 months ago

Air India back to Tatas: Who gets what

India Today  

Tata group now owns Air India through its subsidiary Talace. As per a statement issued on Thursday, Tata group now owns Air India, Air India Express and Air India SATS Airport Services Pvt Ltd. Speaking to reporters on Thursday, Tata Sons chairman N Chandrasekaran said, "We are excited to have Air India back in the Tata group and are committed …

Air India back with Tatas
2 years, 10 months ago

Air India back with Tatas

Deccan Chronicle  

New Delhi: The ‘Maharaja’ officially came home after 69 years as the government, on Thursday, handed over the national carrier Air India to the Tata Group. The shares have been transferred to Talace Pvt Ltd, which is the new owner of Air India.” On an emotional note, Ratan Tata, Tata Group’s Chairman Emeritus said that Air India under the leadership …

Air India LIVE Updates: Tata Gets Maharaja, Chairman Says Will Make it 'World-Class Airline'
2 years, 10 months ago

Air India LIVE Updates: Tata Gets Maharaja, Chairman Says Will Make it 'World-Class Airline'

News 18  

After 69 years, Air India returned to Tata fold. “We are very happy to have Air India back in the Tata group. As a part of the deal, the central government will also hand over Air India Express and a 50 percent stake in ground handling arm Air India SATS to the Tata group. Air India flights will however not …

Air India Returns to Tata: What Does Maharaja's Handover to Tata Group Mean?
2 years, 10 months ago

Air India Returns to Tata: What Does Maharaja's Handover to Tata Group Mean?

News 18  

Tata group has officially taken over Air India from the government on Thursday, nearly 69 years after it was taken from the conglomerate. Air India’s transfer from the government to Tata group is unlikely to affect operations drastically, at least for the first few months. Tata’s Love for aviation It may be noted that 100 per cent of Air India …

Tata Takes Over Air India: Global Expat CEO, Enhanced Flight Services, What Changes for Maharaja
2 years, 10 months ago

Tata Takes Over Air India: Global Expat CEO, Enhanced Flight Services, What Changes for Maharaja

News 18  

The Tata Group is all set to operate Air India officially from Thursday, January 27 as the divestment process was successful, according to repots. The divestment process comes months after the Tata Group acquired Air India by placing a bid of Rs 18,000 crore after the government sought to sell 100 per cent stake of the erstwhile national carrier. The …

Air India handed over to Tata Group | Top points
2 years, 10 months ago

Air India handed over to Tata Group | Top points

India Today  

The government on Thursday officially handed over Air India to the Tata group. The strategic disinvestment transaction of Air India successfully concluded today with the transfer of 100 per cent shares of Air India to Talace Pvt Ltd along with management control. EFFECTIVE DISINVESTMENT OF AIR INDIA Union Minister Jyotiraditya Scindia said it is indeed noteworthy that the disinvestment process …

Tata Takes Over Air India: What Will Happen to Air India's 12,000 Employees? Know Here
2 years, 10 months ago

Tata Takes Over Air India: What Will Happen to Air India's 12,000 Employees? Know Here

News 18  

Air India Returns to Tata: The Tata Group is all set to bring back Air India, the civil airlines company it established in 1932, to the Bombay House on Thursday. The divestment process of Air India is set to take place on Thursday, January 27, with Tata Sons chairperson N. Chandrasekaran meeting Prime Minister Narendra Modi earlier. The divestment process …

Government notifies Air India asset transfer agreement with AIAHL; stage set for AI handover to Tata Group
2 years, 10 months ago

Government notifies Air India asset transfer agreement with AIAHL; stage set for AI handover to Tata Group

Firstpost  

In October 2021, Tatas beat the Rs 15,100-crore offer by a consortium led by SpiceJet promoter Ajay Singh and the reserve price of Rs 12,906 crore set by the government for the sale of its 100 per cent stake in the loss-making carrier New Delhi: The government has notified the agreement between Air India and special purpose vehicle AIAHL for …

Tatas back in Air India cockpit
2 years, 10 months ago

Tatas back in Air India cockpit

The Hindu  

The Union government on Thursday transferred its shares in Air India, along with control and management, to Tata Sons subsidiary, Talace, ending a disinvestment process that started five years ago and saw a failed attempt. The transaction covers Air India, Air India Express and the government’s entire 50% stake in a joint-venture ground handling company AI SATS. I warmly welcome …

Air India Divestment Complete: As Maharaja Returns to Tata Cockpit, Here's a Timeline of Major Events
2 years, 10 months ago

Air India Divestment Complete: As Maharaja Returns to Tata Cockpit, Here's a Timeline of Major Events

News 18  

Air India Divestment: The Tata Group has formally acquired Air India on January 27, Thursday. March 8, 1948: The government of independent India buys 49 per cent stake at Air India and the company again goes through a name change — this time becoming Air India International. 1978: The Moraji Desai government asks Chairman JRD Tata to resign from his …

Discover Related