Business Standard
Friday, May 25, 2012
drived banner
drived banner
  Advanced Search
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 | Commodities
 

Air India suspends booking of tickets, cancels morning flights
Press Trust of India / New Delhi Sep 29, 2009, 15:39 IST

Air India has suspended booking of tickets till further notice and decided to cancel a majority of its morning flights to cut down inconvenience caused to passengers by last minute cancellations in view of the ongoing agitation by the executive pilots.

"We have suspended the booking of tickets till further notice in order to save the passengers from inconvenience caused by the cancellations of flights due to the agitation," Air India Chairman and Managing Director Arvind Jadhav told reporters here today.

The airline has also decided to cancel a majority of its morning flights, he said.

The national carrier is trying to normalise its operations after a section pilots started reporting "sick" in protest against the 50 per cent cut in their productivity-linked incentives and payment of flying allowance.

On the number of pilots who have reported sick in the last three days, Jadhav said, "A total of 180 executive pilots — 109 of erstwhile Indian Airlines and 71 of erstwhile international carrier Air India — have reported sick."

The cash-strapped national carrier is incurring losses of around Rs 12 crore daily due to cancellation of flights and fall in the number of bookings.

"The number of bookings have gone down from 32,000 to 14,000 per day and we are incurring losses of 30 per cent of out total revenue of Rs 40 crore everyday," Jadhav said.

Terming the cut in the PLIs of the employees as an "essential" step for the turnaround of the company, Jadhav said, "We presented out turnaround plan to banks and financial institutions, they asked us about what sacrifices were being made by the employees."

"Rationalisation of PLIs was a must and the committee formed to look into the matter has not allowed us to cut more than 50 per cent," he added when asked about the allegations of the agitating pilots that there would be 70 per cent cuts in their PLIs.

The CMD said the total PLI expenditure has gone up from Rs 1,000 crore Rs 1,500 crore in the last two years, of which 50 per cent accounts for the cabin and cockpit crew and the rest is paid to other 26,000 employees.

Claiming that he had held discussions with all sections of employees and management over the PLI cut matter, Jadhav said he had written letters officially and held talks with the representatives of executive pilots also.

To a query that only non-unionised pilots were being targetted for pay cuts, he said, "It is not so. We are taking a lot of measures to cut down our costs but they are not visible. Cut in the PLI of pilots and employees would be visible."

Jadhav said a total of 152 flights have been cancelled in the last three days by the airlines across the country.

"32 flights were cancelled on day one, 42 were cancelled on the second day and 80 have been cancelled today," he said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets flat in afternoon deals
- Vikas WSP soars on capacity expansion plans
- Pepper declines on weak export demand
- Anna supports 'Bharat Bandh' against petrol price hike
- Copper recovers in futures trade on global cues
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- RBI cracks down on exporters, banks Rs sees sharp rebound
- Petrol price rise offers FDI hope to retail chains
- No oil price review before June 1, two states cut tax
- Bharti Airtel acquires 49% in Qualcomm India for Rs 907 cr
- US sets more duties on India steel pipe
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  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 BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us