Air India employees' union to meet, plan stir against privatisation | Mint
Active Stocks
Thu Feb 22 2024 15:29:56
  1. Bharti Airtel share price
  2. 1,134.50 -0.46%
  1. Tata Steel share price
  2. 145.85 1.39%
  1. State Bank Of India share price
  2. 765.95 -0.73%
  1. HDFC Bank share price
  2. 1,419.80 -1.28%
  1. Power Grid Corporation Of India share price
  2. 282.55 0.86%
Business News/ Companies / News/  Air India employees' union to meet, plan stir against privatisation
BackBack

Air India employees' union to meet, plan stir against privatisation

Air Corporations Employees' Union plans to meet a group of ministers to be set up by the government to look into the Air India disinvestment programme

Seven unions of Air India have already joined hands to oppose the privatisation of the financially bleeding Air India. Photo: PTIPremium
Seven unions of Air India have already joined hands to oppose the privatisation of the financially bleeding Air India. Photo: PTI

New Delhi: Air India's largest employees' union will hold its general body meeting in New Delhi this week to "organise its members for a movement" against the government's decision to privatise the debt-ridden national carrier.

The Air Corporations Employees' Union (ACEU) is also planning to meet a group of ministers to be set up by the government to look into the disinvestment of its stake in the airline. The ACEU is a grouping of Air India's non-technical staff and comprises nearly 8,000 of the total 21,137 employees.

"The meeting will be held to enlighten the rank and file about the privatisation of Air India and how it will affect them. This will also be a forum to organise them as we plan a movement against the privatisation of the national carrier," said a member of the ACEU.

"The move is clearly aimed at benefiting private airlines. If the government is so concerned about the taxpayers' money, then why does it not recover Rs7.5 lakh crore borrowed by corporates from public sector banks?" the member asked.

Seven unions of Air India have already joined hands to oppose the privatisation of the financially bleeding airline. Their representatives met last month and wrote to Union minister for civil aviation Ashok Gajapthi Raju, warning him of an "industrial unrest".

The letter was written jointly by the AI Air Corporate Employees Union, AI Employees Union, AI Aircraft Engineers' Association, United Air India Officers' Association, AI Engineer's Association, AI Cabin Crew Association and AI Service Engineers' Association.

These unions will also hold talks with the two pilots' unions—Indian Commercial Pilots' Association and Indian Pilots' Guild—and Indian Aircraft Technicians' Association to bring them on board. They have called NITI Aayog's report on Air India "arbitrary and unilateral" and said it was prepared without consulting the employees, who are the largest stakeholders.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Check all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 02 Jul 2017, 05:05 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App