Reportedly, the government will mull over the matter of instilling equity into suffering Air India soon.

Air India has been compelled to postpone the launch of its Indian low-cost service from September to November as it’s in the course of reassessing fleet strategies.

Reportedly, due to postponement in payment of their wages by Air India management, more than 20,000 members of airlines’ staff’s unions had gone on strike today.

Government considers inculcating capital through equity and modest loans for Air India that has delayed the upcoming airliner delivery due to increasing declines of Rs.7, 200crore.

Air India on Friday, cautioned its staff of allowance and wage reduction if they joined the projected 2-hour “unlawful” strike this afternoon to dissent overdue imbursement of wages.

The management of Air India is in discussions with a segment of its worker unions to turn away a strike on the subject of postponement of June wages.

Air India’s contractual workers and its administration will have discussions with the Chief Labour Commissioner on Wednesday regarding the workers’ need for better salary and other benefits.

The Government may enable state-led Airports Authority of India to increase Rs.5, 000crore through infrastructure bonds to allow it to fund its continuing programme to update and enlarge a huge number of airports all over the nation.

Air India decides to roll out eleven of its twenty-year-old Airbus 320 due to the acquisition of latest airliner from the European airliner producer to boost its convoy.

With the government’s latest LTC policy for class B and C workers and concession given by the airline, there has been a considerable raise in Air India’s traveler traffic last month in the Northern Province.