Saturday, June 29, 2019

AI pilots seek pay dues before divestment process

Air India pilots have asked the airline to settle their wage dues — which they claim is over Rs 1 crore per pilot — before the government proceeds with Maharaja’s divestment. The second attempt to sell off AI is likely to kick start early next month. The pilots have warned that failure to pay these dues could lead them to moving the National Company Law Tribunal (NCLT) to recover the same, something they say “may derail AI’s divestment process”.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2KMRq7Q

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