Air India to pay salaries by Oct 31

With an impending stir threat by its pilots,Air India is likely to pay the September salaries of its employees in two days.

With an impending stir threat by its pilots,Air India is likely to pay the September salaries of its employees in two days and incentives and allowances by November 10,airline sources said on Thursday.

Talks were held with banks and financial institutions for working capital loans to arrange the amount for payment of salaries,productivity-linked incentives (PLIs) and flying allowances to the employees including pilots,they said.

Sources also said the management of the cash-strapped airline was making all efforts to pay the dues of the employees very soon,including the salaries by October 31 and PLI and allowances by November 10.

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Talks with the banks were initiated after negotiations between executive pilots and their other colleagues in Mumbai over the past few days.

As the negotiations failed to yield any result,the executive pilots as well as the Indian Commercial Pilots Association (ICPA) threatened “industrial action” if the issue was not resolved soon.

Modi will address a rally in the district and open the Purnea airport that will provide air connectivity to several metro cities, fulfilling a longstanding demand in the Seemanchal region.

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PM Modi will visit Purnea, Bihar, on Monday to inaugurate projects worth Rs 36,000 crore, including an airport and launch the National Makhana Board. The visit is aimed at boosting development and addressing the neglected Seemanchal region. PM will also announce projects worth Rs 35,461 crore and distribute benefits to beneficiaries under different schemes.

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