Business Standard
Wednesday, Nov 25, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Smart Portfolios II
  Search:

AI, unions to hold talks on salary issue in afternoon
Press Trust of India / Mumbai June 29, 2009, 13:03 IST

In a last-ditch effort, the management of national air-carrier Air India is holding talks with a section of its employee unions to avert a strike on the issue of deferment of June salaries.     

"We are holding talks with the management in afternoon today to work out a solution," Indian Airlines Technicians Association (IATA) President M S Kulkarni said.     

"We have already held several rounds of talks with the management but have not yet reached any agreement," he added.

 
 
Related Stories
News Now
-A V Rajwade: Giant gravy train
-Flydubai launches services to India, three cities chosen
-AI employee stage sit-in to protest delayed salaries
-British Airways staff to work for free to tackle recession
-A-I announces voluntary leave without pay, sets up new panel for turnaround
-Air India staff plan sit-in at offices tomorrow

However, he was hopeful that some agreement would be reached with the management on the salary issue.     

"We are hopeful that today's talks will yield some solution," Kulkarni said.     

If salaries are not paid on June 30, "then we will adopt the stand of no salary, no work," he said.     

While other employee unions in Air India are understood to have agreed to the management's decision to defer salaries of employees by 15 days, three unions — IATA, Air Corporation Employees Union (ACEU) and Aviation Industry Employees Guild (AIEG) — have not agreed yet.

While IATA claims a membership of 2,600, ACEU and AIEG claim a membership of 12,000 and 8,000 members, respectively.

Air India's management on June 13 announced that payment of June salaries to its 31,000 employees was being deferred due to a liquidity crunch in the company.     

Later, it also requested its senior officials of the General Manager and above rank to voluntarily forego one month salary to tide over the company's financial crisis.

Arrow Other Stories     
- Markets end with marginal losses
- FII-TO-FII TRADES: PNB traded at 7% premium
- Haldia Petrochem strike called off
- Investors should be made aware of risks: Bhave
- NSE's new MF service system from Nov 30
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
Most Popular
Read
E-Mailed
Commented
   
- Gold recovery via scrap up 12.5%
- For Yash Raj Films small is bountiful
- IAF orders more Tejas LCAs to replace MiG-21s
- BCCI finds no Sahara for India
- Indian firms ink 8 deals with US counterparts
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should PSU firms be made to follow region-wise job reservations?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback