{"id":306553,"date":"2019-12-21T10:09:33","date_gmt":"2019-12-21T04:39:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=306553"},"modified":"2019-12-21T10:09:33","modified_gmt":"2019-12-21T04:39:33","slug":"air-india-employee-unions-write-to-pm-modi-seek-waiver-of-airline-loans","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-employee-unions-write-to-pm-modi-seek-waiver-of-airline-loans\/","title":{"rendered":"Air India employee unions write to PM Modi, seek waiver of airline loans"},"content":{"rendered":"<p>Several employee unions of Air India on Friday wrote to Prime Minister Narendra Modi demanding waiver of the airline&#8217;s loans and run it by a professional management. <\/p>\n<p>Against the backdrop of the government working out the modalities for Air India disinvestment, seven employee groupings have also said the carrier can be turned around. <\/p>\n<p>&#8220;Air India has been reporting operational profit for as long as three years. Servicing the loans is a major challenge as the annual outgo is an upwards of Rs 4,000 crore,&#8221; they said in a letter. <\/p>\n<p>The letter has been signed by representatives of seven unions &#8212; Indian Commercial Pilots&#8217; Association, Indian Pilots&#8217; Guild, Air Corporations Employees&#8217; Union, All India Cabin Crew Association, Air India Employees&#8217; Union, Indian Aircraft Technicians&#8217; Association and All India Aircraft Engineers&#8217; Association.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Several employee unions of Air India on Friday wrote to Prime Minister Narendra Modi demanding waiver of the airline&#8217;s loans and run it by a professional management. Against the backdrop of the government working out the modalities for Air India disinvestment, seven employee groupings have also said the carrier can be turned around. &#8220;Air India has been reporting operational profit for as long as three years. Servicing the loans is a major challenge as the annual outgo is an upwards of Rs 4,000 crore,&#8221; they said in a letter. The letter has been signed by representatives of seven unions &#8212; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-306553","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306553","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=306553"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/306553\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=306553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=306553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=306553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}