Indian (formerly Indian Airlines) wants a younger look. And is willing to pay for it.
Its board of directors on Wednesday approved a scheme to allow airhostesses and pursers, who were above 41, to seek voluntary retirement.
Apart from the existing post-retirement benefits, those availing of the scheme will get a compensation package of Rs 13 lakh to Rs 25 lakh, depending on their length of service.
Those below 50 will also have the option of taking up ground duties. They will get a compensation allowance, between Rs 15,000 to Rs 50,000 per month, apart from salary.
“The Voluntary Rehabilitation/Rejuvenation Scheme will help the company improve the passenger perception of the airline, in keeping with the demands of a competitive market,” a statement from the airline said.
“It is yet another step forward in our constant endeavor to bring in innovative solutions in a highly competitive business environment,” Indian’s Chairman and Managing Director V Trivedi told the Hindustan Times.