Explorer

Air India Makes Another Voluntary Retirement Offer For Non-Flying Employees

A total of around 2,100 Air India employees will be eligible to avail the latest voluntary retirement offer

Air India on Friday made another voluntary retirement (VRS) offer for its non-flying employees. This is the second such offer by Tata Group after taking control of the loss-making national airline in January last year, reported by PTI.

According to the report, the latest offer will be available for permanent general cadre officers who have attained the age of 40 years or above and completed a minimum of five years of continuous service at the airline, according to a communication. Also, clerical and unskilled categories of employees who completed a minimum of five years of continuous service will be eligible.

The VRS offer will be open till April 30. Sources said that a total of around 2,100 employees will be eligible to avail the latest voluntary retirement offer. Currently, the airline has a staff strength of about 11,000 people, including flying and non-flying staff.

In June 2022, Air India launched the first phase of the voluntary retirement offer.

There has been a request from employees for extending the additional benefit of voluntary retirement to other permanent employees as well. In response to this, Air India is announcing the second phase of the voluntary retirement offer, the airline's Chief Human Resources Suresh Dutt Tripathi said in the communication sent out to the staff on Friday.

"The employees who apply for voluntary retirement from March 17, 2023 to April 30, 2023 will also be provided with an ex-gratia amount as a one-time benefit. Eligible employees who apply up to 31st March 2023 will receive Rs 1 lakh over and above the ex-gratia amount," the communication said.

In the first phase of the voluntary retirement offer, both flying and non-flying staff were covered. At that time, around 4,200 employees were eligible and out of them, around 1,500 people opted for the offer, the sources said. According to Air India, the cabin crew, who will be recruited from around the country, will undergo a 15-week training programme which will include extensive classroom and in-flight training at the airline’s training facility in Mumbai as well as familiarisation flight.

In September last year, Air India announced the transformation plan Vihaan.AI which focuses on various goals to be achieved over a five-year period. The plan is aimed at putting Air India on a path of sustained growth, profitability and market leadership. 

Top Headlines

Lupin Q2 net profit falls 22.19 pc to Rs 1,155.3 crore
Lupin Q2 net profit falls 22.19 pc to Rs 1,155.3 crore
Advait Energy Transitions Q2 Profit Surges 89% To Rs 19.18 Crore
Advait Energy Transitions Q2 Profit Surges 89% To Rs 19.18 Crore
Vedant Poly Fabs Ipo Opens At ₹88-94 Per Share; ₹56.68 Crore Issue Closes 4th November
Vedant Poly Fabs Ipo Opens At ₹88-94 Per Share; ₹56.68 Crore Issue Closes November 4
Honda Alpha Electric SUV To Rival Tata Sierra EV, Mahindra BE6: What We Know
Honda Alpha Electric SUV To Rival Tata Sierra EV, Mahindra BE6: What We Know

Videos

BJP Counterattack: Party Launches ‘Save Democracy, Remove Anarchy’ March In UP
Diwali Crackdown: Authorities Intensify Raids Against Sweet Adulteration Across Four Cities
FDA Crackdown: 1,188 Kg Of Suspected Adulterated Motichoor Laddoos Seized In Pune
ED Action: Azam Khan's Jauhar University Case Moves Towards Chargesheet
Nepal Tragedy: Helicopter Collision Near Everest Claims Indian Tourist's Life

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget