The Indian Pilots’ Guild and Indian Commercial Pilots’ Association have jointly issued an advisory to all pilots advising them not to acknowledge or participate in an an “Employee bid in the strategic sale of Air India”. They have referred a letter written by Ms. Meenakshi Mallik with regards to an Employee bid in the strategic sale of Air India. The content of the letter is given below for the benefit of the viewers of www.indianpsu.com
Subject: Not to take part in employee bids in strategic sale
A letter by Ms. Meenakshi Mallik with regards to an Employee bid in the strategic sale of Air India has been brought to our notice.
In this regard all pilots are advised NOT TO acknowledge or participate in the process initiated by the management official till the disproportionate 70% Pay Cut for Pilots vis-à-vis Air India’s top Management officials (10%) is addressed.
Also, there is No clarity on the payment of the illegally withheld 25% arrears due to the pilots to date whilst we approach the deadline of December 14th for submission of bids for Air India.
While other major airlines in India have revised the pay cut for its pilots, Air India being a government owned PSU is yet to address the ordeal faced by us.
We would like to once again re-iterate NOT TO take any part in the process of Employee bids in the strategic sale initiated by the top management official till further communication from us.