Air India facing a very challenging financial situation: Hardeep Puri
Civil Aviation Minister Hardeep Puri has called Air India’s leave without pay (LWP) scheme a “win-win for employees and management”, and pointed out that Air India has not laid off a single employee even as international and domestic carriers have resorted to cost cutting through layoffs.
In a letter to Rajya Sabha MP Binoy Viswam, Puri provided clarification on Air India’s financial condition and the LWP scheme.
“Air India is also facing a very challenging financial situation,” Puri said adding the airline has taken recourse to several initiatives with a view to ensuring continuance of its operations.
