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ITF expresses solidarity with AI unions protesting disinvestment

Press Trust of India  |  New Delhi 

The has expressed its solidarity with Air unions opposing of the airline, saying any change in the status of the state-run carrier should be negotiated with the workers and the unions.

The federation, representing 7.40 lakh aviation workers across the globe and 19 million members in transport sector, in a letter to requested him to ask the to start the process of "sincere dialogue and engagement" with the joint forum of Air unions and the association representing Air workers.

"It is crucial that the government and investors recognise that the core assets of an is the skills, expertise and the goodwill of the employees. They are not assets to be traded like commodities and nor should their security and working conditions be undermined," the ITF said.

"The federation will be monitoring the situation closely and if it appears that Air India is becoming anti-Union airline, we will mobilise our aviation affiliates into solidarity with their colleagues in India," the federation warned in the letter to the

Starting the process of the national carrier, the preliminary information memorandum for the proposed sale of up to 76 per cent stake in Air India along with management control to private entities was issued on March 28.

The government also made it clear that it would have the rights of a "minority shareholder" with 24 per cent stake in Air India post

According to the memorandum, the winning bidder would be required to stay invested in the for at least three years.

The proposed disinvestment would include profit-making and joint venture The latter is an equal joint venture between the national carrier and Singapore-based SATS Ltd.

The existing debt and liabilities of Air India and as on March 31, 2017 would be re-allocated, as per the memorandum.

The national carrier is staying on taxpayers' money under the turnaround plan approved by the previous in 2012.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 11 2018. 23:20 IST