Delhi: The merger of Air India and Vistara is projected to impact around 600 employees from both airlines. Nonetheless, efforts will be made to find employment for these individuals within other divisions of the Tata Group and the Air India Group. Sources disclosed this information on Wednesday. The Tata Group owns both of these loss-making airlines, which together employ over 23,000 people. In an effort to enhance its aviation business, the Tata Group is planning to merge its airline operations. According to sources familiar with the merger plan, the integration of Air India and Vistara is likely to affect approximately 600 employees, particularly those engaged in non-aviation roles.
Sources indicated that efforts will be made to offer employment to those affected by the merger process within Air India and other Tata Group companies. For those who cannot be accommodated, a voluntary separation scheme package will be introduced. The merger process is anticipated to be completed by the end of September or early October, according to sources. The exact number of affected employees will only be determined once the process is finalised.
There has been no response from Air India in this regard. The process of implementing the merger has been going on for the last few months. During this, the employees of the airlines are being selected keeping in mind their past experience, performance and other factors. Sources clarified that the merger process will not have any effect on the crew members and pilots of both the airlines.
This development comes after a thorough fitment exercise was conducted across both airlines, with guidance from global firms like BCG and Deloitte. The airline group is currently accelerating the legal merger process, though the operational integration may require more time. The airline has aligned and streamlined operational processes, pay scales, employee grades, and roles with those of Vistara.
(Source: NEWS18)
Trending
- CM Urges Panchayats to Act Swiftly on Waterlogging, Ensure Safety at Construction Sites
- ‘Like Mumbai Housing Prices’: Hardik Pandya Showers Praise on Jasprit Bumrah After Stellar IPL Eliminator Performance
- ‘Right Up There Among Greats’: Ricky Ponting Hails Virat Kohli’s Test Legacy
- India Overtakes China as Top iPhone Exporter to US Amid Trump’s Warning to Apple
- CM Sawant Presents Bhasha Puraskar Awards for Three Years on Goa Statehood Day
- Goa to Develop Chhatrapati Shivaji Maharaj Digital Museum at Farmagudi
- US ‘Very Close’ to Trade Deal with India, Trump Claims Amid India-Pakistan Tensions
- Young Woman Killed, Another Injured as Speeding SUV Mows Down Pedestrians in Verna