40 executives in the middle to senior level are set to join the airline from rival IndiGo.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
AirAsia India was set up as a three-way joint venture.
The firm, which aims to double sourcing from India, is looking at partnerships with institutions such as the IITs
Govt bosses in no hurry to exit from PSUs; many agencies, long process likely hurdles.
"For an airline, the most important asset are the pilots. They are a mature lot who understand that strikes will not help anyone, that planes have to fly; only then will the money come."
It should be noted that the CPC allocation is provisional.
The Bill could be introduced in Lok Sabha very soon.
The finance minister may stagger some of the recommendations.
To become a type-rated pilot, a person has to take additional training.
The higher salaries and pension outgo will be equivalent to about one per cent of the GDP.
IndiGo, Jet, SpiceJet and GoAir demand level playing field in aviation policy, say government can't favour only two new airlines.
After IPL exit, beverage maker signs up as first BCCI on-ground sponsor
FinMin officials say an announcement could be made in the Budget.
The airline will fly the A320s between the Tier-II and Tier-III cities.
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
A govt official says there is consensus among the airlines and the ministry that fixing an upper limit in airfares will not be a constructive idea
Budget may bring exemption for those backed by Indian securities other than shares
The practice will improve OTP for the airline significantly.
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