Air India's employees today called off the strike threat from Monday with the ailing national carrier promising to clear all their salary and other dues by June. Talking to reporters after a meeting with union representatives in New Delhi, Air India CMD Rohit Nandan said that they have given them a payment schedule under which they will clear all the over dues by June.The notice for 'no pay, no work' agitation had been given by eight major unions of the airline, representing pilots, engineers and cabin crew among others, to protest the delay in payment of their salaries, productivity-linked incentive and other allowances by over three months.Air India faces a whopping 67,000 crore rupees debt and has reported a loss of close to 6,900 crore rupees this fiscal. The airline was also facing an average operational loss of about ten crore rupees daily.
News On AIR | March 30, 2012 2:26 PM
Air India employees call off strike threat