With no name or logo yet the new largest Asian airlines is about to be formed. The merging of Air India and Indian Airlines Inc. is one step closer to happening after it's third meeting and GoM approval. If and when they get the cabinet nod, it will take about 16 weeks to complete formalities and the integration will be done in phases. The entire process of integration will take at least two years.
The GoM (A Group of Ministers) headed by Pranab Mukherjee has endorsed the roadmap prepared by Accenture, for the Indian and Air India merger after its third meeting.
The GoM has finally decided to send the proposal to cabinet shortly.
Civil Aviation Minister Praful Patel said the merged entity both Indian and Air India will be merged to a new company there will be a clear mechanism to protect the interest of all employees including casual workers but the decision on the name of the company and branding will follow.
“(Regarding) wage parity, there is no question of anybody being worse off or being downgraded from where they are today. In fact, it can only get better, including casual workers, who are working with both Air India and Indian Airlines. Their conditions of employment shall continue to remain as they are today,” said Patel.
Read more at
www.IBNlive.com
