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Air India sale: In their bid, the employee consortium seeks to prove dissenters, and history, wrong
Air India s pilots and crew members seem to have stayed away from the consortium. Also, few employee-led buyout have succeeded in aviation. December 18, 2020 / 08:50 PM IST
The employee consortium bidding for Air India has raised curiosity, with many a question that have remained unanswered. It is also up against history, with few similar buyouts of airlines by their employees turning out to be fruitful.
The consortium, led by Meenakshi Malik - Air India s Commercial Director - has manged to get the support of 219 employees. It s not many, considering that Air India has over 10,000 employees, says a senior official from the industry.