SME Times News Bureau | 30 Jun, 2012
Air India's losses
have mounted to Rs.600 crore with the pilots' strike continuing for the 54th
day Friday.
The pilots are demanding reinstatement of their 101 sacked colleagues and
recognition of their union -- Indian Pilots Guild (IPG).
Meanwhile, two of the 11 pilots who are on a hunger strike near the 18th
century Jantar Mantar observatory in the city, were hospitalised.
"Two pilots who are on hunger strike have been hospitalised today. They
have been on the indefinite hunger strike since Sunday. The doctors are
monitoring the health of all the other pilots who are on hunger strike,"
Rohit Kapahi, committee member of the IPG, told IANS.
On Thursday, parents of the pilots met Air India chairman and managing director
Rohit Nandan. The management has maintained that pilots must end their strike
first and that the sacked pilots will be reinstated on a case-by-case basis.
Around 440 pilots have struck work since May 8 against the management move to
train pilots from the erstwhile Indian Airlines in the merged entity on the
soon-to-be-inducted Boeing-787 Dreamliner.
The airline said its estimated revenue loss due to the pilots' strike is around
Rs.600 crore and that traffic to east Asia and Middle East has been badly hit.
Grounded fleet of Boeing 777s, unused manpower and absence from key routes has
hit the airlines' chances of a financial turnaround.
"Current revenue losses are nearly Rs.600 crore on various accounts like
ticket cancellation, unused labour and bulk of Boeing 777 fleet being
grounded," an Air India official told IANS.
"But the losses are less than Rs.5 crore a day," he added.
Currently, the airline is operating only 38 of its original 45 services. Among
the seven axed international destinations are Hong Kong, Osaka, Seoul and
Toronto.
Trouble started for the airline May 8 when pilot-members of the IPG took mass
sick leave, protesting the move to provide Boeing-787 Dreamliner training to
pilots from the erstwhile Indian Airlines.
Air India and Indian Airlines were merged in 2007 to form a single entity to
overcome their sub-optimal performance and in the hope the step would result in
Rs.1,000 crore profit in the first year itself.