You are here: Home » Companies » News
Wistron plant violence: Enough stocks of iPhone SE 2020, says Apple
Ratan Tata gets 'Global Visionary of Sustainable Business and Peace' award
Business Standard

Air India's new owner may be allowed to trim fleet size, lay off staff

Since the skies are far from clear, the new owner will also be allowed to lay off employees, given their requirement will shrink with the reduction in the fleet size, said officials in the know

Topics
Air India | Air India sale | Air india privatisation

Arindam Majumder  |  New Delhi 



Air India
AI has a total fleet of 121 aircraft: this includes 78 narrow-body Airbus A320s and 43 wide-body Boeing 777s and 787s

The central government is likely to make it easier for the new owner of (AI) to trim the national carrier’s fleet size by hiving off surplus aircraft lying grounded, even as the aviation sector waits for the pandemic’s vise-like grip to loosen.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, December 22 2020. 06:10 IST

RECOMMENDED FOR YOU

.