MoS Civil Aviation Gen VK Singh (retd) says the number of retired employees at Air India stands at 49,700, of which 29,400 opted for the post-retirement medical scheme.
Talace Pvt Ltd, a wholly-owned subsidiary of Tata Sons had, earlier this month, emerged as the successful bidder to buy out the government’s share in the airline.
Air India still fared better than it did in FY20 as its losses during the last fiscal were down from Rs 7,765.73 crore during FY20, an Air India filing said on Thursday.
Tata Sons has acquired national carrier Air India with bid of Rs 18,000 crore, said Tuhin Kant Pandey, Secretary, DIPAM (Department of Investment and Public Asset Management) on Friday.