Manpower resources planning and appointment of a consultant to suggest turnaround ways are likely to top the agenda at the two-day board meeting of Air India starting tomorrow, officials said.
"Manpower resources planning is expected to be the main agenda before the board at its two-day meeting," AI officials told PTI here today.
Besides, the Board may also take up a proposal seeking appointment of global consultancy firm McKinsey & Co as an advisor to suggest ways to turnaround the national air-carrier, they said.
The national air-carrier is aiming to rationalise its over 30,500 manpower to achieve industry benchmark along with utilisation of operating/technical crew as per domestic and international regulations.
It has to cut down its wage bill by about Rs 300-350 crore, that is part of the turnaround plan so that they can get the equity infusion of Rs 800 crore.
The Parliament had earlier last month approved the government's proposal to extend Rs 800 crore to the ailing National Aviation Company of India (NACIL) which operates the troubled Maharaja.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
