AI, Jet suffered loss of Rs 127 crore due to strikes: Patel
Air India and Jet Airways suffered a loss of Rs 127 crore due to the three strikes by their employees since last year, Civil Aviation Minister Praful Patel informed the Lok Sabha today.india Updated: Jul 29, 2010 17:40 IST
Air India and Jet Airways suffered a loss of Rs 127 crore due to the three strikes by their employees since last year, Civil Aviation Minister Praful Patel informed the Lok Sabha on Thursday.
Ailing national carrier, Air India has suffered a loss of Rs 77 crore in the strikes by executive pilots last year and by employees this May, Patel said in a written reply.
In order to prevent any strike, Air India Board has constituted a Human Resource Sub-committee to consider various issues and grievances of its employees.
In September last, Air India's executive pilots had stopped the work by reporting sick en-mass after the airline management proposed a cut in their flying allowance. The five-day strike started on September 26.
Again, in May this year, employees associated with two of the unions, All India Aircraft Engineer's Association (AIAEA) and Air Corporation Employee's Union (ACEU), went on flash strike in protest of alleged gag order by the airline management restricting union office-bearers not to go to media and other issues.
Also, in September last year, Jet Airways pilots simulated strike by reporting sick for five days.
To a separate question, Patel said that prior to merger of erstwhile Indian Airlines and Air India, both the airlines suffered a loss of Rs 240.29 crore and Rs 447.43 crore respectively.
But after the merger, Air India suffered a loss of Rs 2226.16 crore and Rs 5548 crore in 2007-08 and 2008-09 respectively.
"The national carrier is supposed to post a loss of Rs 5,400 crore in last fiscal (2009-10)," Patel said, adding losses were incurred due to prevalent economic recession, higher fuel prices, low yields and load factors.
The government has proposed to infuse Rs 2,000 crore, in five equal instalments, to help the ailing national carrier.
"An amount of Rs 800 crore has been released in February and March and provision Rs 1,200 crore made in the current financial year. The amount would be released after considering the company's achievement of their turnaround plan," Patel said.
First Published: Jul 29, 2010 17:37 IST