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India Aviation arrow Air India may effect PLI/Flying Allowance Payment by 10-Nov

Air India may effect PLI/Flying Allowance Payment by 10-Nov

02-Nov-2009
Airline Code [AIC]  View More Air India News   
Air India may effect PLI/Flying Allowance Payment by 10-Nov
Air India is in discussion with financial institutions to secure additional funds to meet its current liabilities, including payment towards salary and Productivity Linked Incentive to employees.

A spokesman of Air India expressed confidence that efforts to avail additional loans may succeed in a couple of days enabling the airline to pay Productivity Linked Incentive and Flying Allowance to employees by 10-Nov-2009.

(c) Centre for Asia Pacific Aviation. Date posted: 02-Nov-09

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