NDTV has learnt that the Air India is weighing measures to reduce its employee cost by 16 per cent. This will help the airline to cut its Rs 3,000 crore wage bill by Rs 500 crore. The cost reduction measures could include pay cuts, and rejig of incentives and flying allowances. A committee will submit the cost reduction plan by July 15. Air India has approached the government for infusion of funds. Cash-strapped Air India has delayed paying the salary to its staff.
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