Mumbai: Pilots of cash-strapped AI today alleged that the company was
insuring grounded aircraft at an annual cost of USD 6 million, a charge
denied by the national carrier.
The state-run airline's recognised pilots union, the Indian Commercial Pilots Association (ICPA), has sought an independent probe into these allegations and fix the accountability on individuals those responsible.
"Six Boeing 737-200 Fs, which have been out of service for more than three years, were still being insured at USD 1 million each per annum or USD 6 million, for more than the past three years. We demand an immediate, time-bound investigation by an external agency to look into this huge financial irregularity," ICPA General Secretary Shailender Singh said in a letter to Air India Chairman Rohit Nandan.
Terming the ICPA's allegations as "false, mischievous and misleading", an Air India spokesperson said five Boeing 737-200 were insured at only USD 1 million last year and USD 50,000 this year. "Since the aircraft are still under Air India's registration."
"The premium that is being paid on each of these aircraft was USD 145 last year and USD 90 this year," the spokesperson said.
Read news in full 12/10/14 Outlook
The state-run airline's recognised pilots union, the Indian Commercial Pilots Association (ICPA), has sought an independent probe into these allegations and fix the accountability on individuals those responsible.
"Six Boeing 737-200 Fs, which have been out of service for more than three years, were still being insured at USD 1 million each per annum or USD 6 million, for more than the past three years. We demand an immediate, time-bound investigation by an external agency to look into this huge financial irregularity," ICPA General Secretary Shailender Singh said in a letter to Air India Chairman Rohit Nandan.
Terming the ICPA's allegations as "false, mischievous and misleading", an Air India spokesperson said five Boeing 737-200 were insured at only USD 1 million last year and USD 50,000 this year. "Since the aircraft are still under Air India's registration."
"The premium that is being paid on each of these aircraft was USD 145 last year and USD 90 this year," the spokesperson said.
Read news in full 12/10/14 Outlook
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