Showing posts with label Aviation Job Cuts. Show all posts
Showing posts with label Aviation Job Cuts. Show all posts

Air India Leave Without Pay offer to 1500 employees:Is it an Indirect Lay off Job Cut ?

16 October, 2008

Another bad news for the Aviation sector employees. Yesterday, it was the Jet Airways which went for lay off 1900 employees, before that, it was Kingfisher Airlines which has declared Kingfisher Lay off and now, the government owned Air india has decided to offer Leave Without Pay for more than 15000 employees for a period of 3 to 5 years.

Isn't this an indirect Lay off or Job Cut by Air India?.

This news has sent ripples of fear among the employees of the state owned aviation company. On one hand, employees were expecting good salary since their government sector jobs made them happy about the implementations of the Sixth Pay Commission. And now, since there will be Leave Without Pay, so no pay, so no increased salary. Indeed, Bad, Bad and Bad times.

As per CMD of AIr India, Mr. Raghu Menon - "We are planning to offer leave without pay for three to five years. We can consider it for about 15,000 employees".

He, however, said those who take up the offer to go on leave would be taken back if they desire so at the same seniority and last drawn pay. Though this is only a proposal and has to be presented to the company board for its approval before it is implemented, but the happenings in the world financial markets and the latest one being the Jet Airways Lay offs in India, has sent worrying ripples among the Air India Employees.

The government yesterday had, however, ruled out any job cuts in Air India with the civil aviation minister Praful Patel assuring employees that there were no plans to prune staff strength immediately.

As per the news, The 77-year-old state carrier, which initiated a fleet renewal programme three years ago and merged with its sister airline Indian last year, has proposed infusion of Rs 1,000-1,500 crore of equity capital. It is also looking at soft loans of Rs 1,000 crore from government that can be repaid over a period of time. According to industry experts the coming together of Jet and Kingfisher could further mount the problems for Air India.

Lets hope that all goes well for the affected Air India Employees and alternative jobs may be available to them during these times of crisis.

Read more...

Jet Airways Lay off Job Cut: Jet Airways fires 1000 employees

14 October, 2008

Another bad news for the Aviation sector employees. A few days back it was Kingfisher Airlines which has declared Kingfisher Lay off and now after the news of a possible merger or sharing with Jet Airways, the Jet Airways has decided to go for Jet Aiways lay off or Jet AIrways Job Cut.

This news about Jet Airways lay off is significant, as it comes within a day after the news of a possible alliance with Kingfisher Airlines.

How Many employees will be fired in Jet Aiways Lay off Job Cut?

As per the news, Jet Airways has decided to lay off 1000 of Jet Airways employees.

Which department empoyees will be fired in Jet Aiways Lay off Job Cut?

The Jet Airways would lay off employees from the cabin crew, pilots, ground staff, airport services and management departments. It is reported that these all are relatively new employees as many of them have been in the company for less than six months.

What all are the possible points of joint alliance of Jet Aiways & Kingfisher Airlines?

After the alliance, Jet Airways and Kingfisher Airlines have decided to code-share on domestic and international flights, undertake joint fuel management and common ground-handling services and cross-sell flights through the global ticketing system.

This is the third time that the airline is cutting its workforce. After acquiring Air Sahara in 2007, the carrier had cut staff by 1,200 and in August 2008 JetLite offered a voluntary separation scheme to over 700 employees.

Kingfisher Airlines and jet Airways have a combined strength of around 19,000 employees with 189 aircraft for 927 domestic and 82 international flights.




Increase your Website & blog Traffic within minutes click to know more

Read more...

About This Blog

About This Blog

  © Blogger template Nightingale by Ourblogtemplates.com 2008

Back to TOP