Mumbai: Air India (AI), at the instruction of the Ministry of Civil Aviation, has embarked on an exercise to reduce its variable costs by 10 per cent to minimise losses. The airline’s total cost is estimated at Rs.24,000 crore, and out of this Rs.14,000 crore is variable cost. Going by the Ministry’s directive, AI has to reduce expenditure by Rs.1,400 crore in next financial year.
Air India Chairman and Managing Director Rohit Nandan has asked all departments to take action in this front.
As per the directive, no fresh post will be created except in operational areas. Surplus staff will be identified by mid-February and casual and contractual engagement would be frozen.
All domestic temporary postings will be withdrawn unless justified. Temporary postings in the engineering department will be discontinued.
There has been a ban on purchase of vehicles, including staff cars. Old vehicles will be scrapped.
17/01/15 Lalatendu Mishra/The Hindu
Air India Chairman and Managing Director Rohit Nandan has asked all departments to take action in this front.
As per the directive, no fresh post will be created except in operational areas. Surplus staff will be identified by mid-February and casual and contractual engagement would be frozen.
All domestic temporary postings will be withdrawn unless justified. Temporary postings in the engineering department will be discontinued.
There has been a ban on purchase of vehicles, including staff cars. Old vehicles will be scrapped.
17/01/15 Lalatendu Mishra/The Hindu
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