Air India Vistara Merger: Preparations for the merger of Air India and Vistara Airlines are going on in full swing. These two airlines owned by Tata Group are going to merge this year. Due to this merger, about 600 employees of Air India and Vistara Airlines may lose their jobs. All of them work in the ground staff of the airline. At present about 23000 employees work in these two airlines. However, none of the flying staff will lose their jobs.
Efforts are being made to get jobs in other companies of Tata Group.
According to sources, despite all efforts, no space is being found for these 600 employees. Both the airlines are trying to get these employees jobs in other Tata Group companies. Despite this, Voluntary Separation Scheme package will be made available to those who will not be able to get a job. However, sources claimed that the merger will be completed by September or October. In such a situation, only then will the exact number of victims of retrenchment be known. But, Air India has maintained silence on this issue.
Cabin crew and pilots will not be covered under this retrenchment.
In both these airlines, the process of fitment of employees on the basis of their performance and experience has been going on for the last several months. Their roles are also being decided in the giant airline to be formed after the merger. Both the airlines claim that this action is being taken in a fair and transparent manner. Cabin crew and pilots are not going to be covered under this retrenchment. On May 12, Air India CEO Campbell Wilson and Vistara CEO Vinod Kannan held a townhall with employees to discuss every aspect of the proposed merger.
Gave jobs to 9000 people after purchasing Air India
This merger was announced in November 2022. After completion of the deal, Singapore Airlines will have 25.1 percent stake in Air India. It has received approval from the National Company Law Tribunal (NCLT) and Competition Commission of India (CCI). After purchasing Air India in January 2022, Tata Group has given jobs to about 9000 people in this airline. Under this merger, Air India Express and AIX Connect will also merge.
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