Cabin crew keeps out of employee bid for Air India

The cabin crew employees of Air India will not participate in the employee bid for 51 per cent stake in Air India and instead want their arrears to be paid.

In a letter to Chairman and Managing Director, Air India, the All India Cabin Crew Association said: “The AICCA had proudly supported the employee buyout bid for Air India at that time by the IPG, during the government of our PM A.B. Vajpayee, and perhaps in better circumstances the cabin crew may have considered it. But with more than (Rs) 1400 crores of employees arrears outstanding, it has become impossible.”

“The Cabin Crew of the AICCA wish all the Directors and Executives luck in their endeavour, it is after all our Airline, but we shall not be participating in this venture at all,” it said.

The association referred to an unsigned note by purporting to be from an Airline Board member and ACC appointee, on the purchase of 51 per cent stake of Air India.

Read More: https://www.bhaskarlive.in/cabin-crew-keeps-out-of-employee-bid-for-air-india/