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SATURDAY, MAY 26, 2012 8:15 PM IST

New Delhi: The agitating executive pilots of Air India on Wednesday called off their four-day-old strike, a day after government gave an assurance that status quo will prevail on cost cutting measures relating to productivity- linked incentive (PLI).

Mint correspondent, P.R. Sanjai gives a detailed analysis of the strike, the decision of Air India’s management to please the executive pilots and how the airline will now have to resort to a turnaround policy for effective cost-cutting measures.

Government had said that the agitation had cost a loss of over Rs100 crore.

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