Don't operate flights with contract pilots, Air India union tells members Posted on 3rd March 2015 |
.jpg) |
| The union of Air India pilots, Indian Commercial Pilots Association, has directed its members not to operate flights with commanders which the airline proposes to hire on contract. The Association, which represents pilots on narrow body Airbus A320 fleet has also asked the management to withdraw the recruitment advertisement. Last week, the airline had announced it would hire 197 pilots including commanders and senior trainee pilots for its Airbus A320 fleet. Captain T Praveen Keerthi, general-secretary of the pilots’ union, issued a directive on Monday asking members “not to undertake any flights with direct entry contract commanders”. In a letter to the management and civil aviation minister Ashok Gajpati Raju, the Association said hiring pilots on contract basis would dent staff morale. It demanded “a logical career progression policy” for in-house pilots and withdrawal of the advertisement, “which has the potential of creating industrial unrest”. The Association also demanded resumption of command training of in-house co-pilots, “who have been groomed and waiting for their chance to become captains”. The move has caused considerable unease among the airline's pilots. “Command training of pilots has virtually come to a halt. There are several first officers who have flown 5,000 hours and are wondering why they are not being trained for the commander rank. Also, while commanders from Airbus A320 were moved to Boeing 787, no recruitment was done in those posts,” said a senior captain. Air India is hiring pilots to meet a shortage caused by resignations, transfer of pilots to Boeing 787s, and delays in training junior pilots for the rank of commander. The shortage is causing flight delays and Air India's on-time performance is the lowest among peers. |
|
|
|
|
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict Posted on 29th October 2019 |
.jpg) |
Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade. |
|
|
Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices Posted on 7th October 2019 |
.jpg) |
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point. On a weekly basis, the local unit slumped by 32 paise. |
|
|
LIC pips private insurers in first-year premium growth during April-August Posted on 13th September 2019 |
.jpg) |
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19. Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai). |
|
|
Apollo Hospitals rules out further stake sale Posted on 13th September 2019 |
.jpg) |
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here. |
|
|
World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah Posted on 13th September 2019 |
.jpg) |
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted. |
|
|
|
|
| Be the first person to write a business review for Don't operate flights with contract pilots, Air India union tells members |
|
|
|