{"id":303040,"date":"2019-11-27T11:31:49","date_gmt":"2019-11-27T06:01:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=303040"},"modified":"2019-11-27T11:31:49","modified_gmt":"2019-11-27T06:01:49","slug":"air-indias-11000-staff-to-get-1-year-job-guarantee","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-indias-11000-staff-to-get-1-year-job-guarantee\/","title":{"rendered":"Air India\u2019s 11,000 staff to get 1-year job guarantee"},"content":{"rendered":"<p>As the Centre is gearing up to invite fresh expressions of interest (EoIs) by December 15 for the sale of its entire stake in Air India, the employees of the national carrier \u2014 over 11,000 at last count \u2014 will be offered job protection for a period of one year, sources told FE.<\/p>\n<p>\u201cThe sale and purchase agreement (SPA) agreement will provide that strategic partner shall not retrench any employees of the company for a period of one year,\u201d an official said. The Centre will share the SPA privately with prospective bidders at the EoI stage itself to help them take long-term view of the various liabilities and plan funding for the deal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the Centre is gearing up to invite fresh expressions of interest (EoIs) by December 15 for the sale of its entire stake in Air India, the employees of the national carrier \u2014 over 11,000 at last count \u2014 will be offered job protection for a period of one year, sources told FE. \u201cThe sale and purchase agreement (SPA) agreement will provide that strategic partner shall not retrench any employees of the company for a period of one year,\u201d an official said. The Centre will share the SPA privately with prospective bidders at the EoI stage itself to help them [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-303040","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=303040"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/303040\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=303040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=303040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=303040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}