The new owners of Air India will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund and post retirement medical benefits of existing and past employees too would be honoured by the new owner, civil aviation secretary Rajiv Bansal said. Tata Sons has emerged as the winning bidder for Air India with the government accepting its Rs 18,000 crore offer to acquire 100 per cent of the debt-laden state-run carrier.
There are several first officers who have flown 5,000 hours
'On the first day of a Rajnikanth movie, there is usually a lot of noise in theatres as fans dance and rejoice with every dialogue and action.' 'But in this movie, the fans were quiet. They did not find anything to shout about.'
'The pay cuts have been very tough on those with entire families to support.'
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