This Article is From Jul 18, 2020

Financial Situation Extremely Challenging: Air India

The scheme primarily enables employees to avail of the benefits of proceeding on leave without pay on a voluntary basis.

Financial Situation Extremely Challenging: Air India

Air India has introduced the Leave Without Pay (LWP) Scheme on July 14, 2020.

New Delhi:

Air India on Friday said that its financial situation is very challenging and is taking recourse to several initiatives with a view to ensuring the continuance of its operations.

Air India has introduced the Leave Without Pay (LWP) Scheme on July 14, 2020. The scheme primarily enables employees to avail of the benefits of proceeding on leave without pay on a voluntary basis.

"The LWP scheme has been introduced for grant of leave without pay and allowances for permanent employees for a period of six months/two years, which is extendable up to 5 years," Air India said.