Operations Normal Now: Alliance Air As Pilots Call Off Strike After 2 Days
Listen to This Article
Alliance Air on Wednesday said flight operations have normalised now after a section of pilots, who were on strike for the last two days, resumed work.
On Monday and Tuesday, around 70-80 pilots went on strike to protest against non-restoration of salaries to the pre-COVID level and non-payment of allowances, among other issues.
Alliance Air CEO Vineet Sood on Wednesday told PTI that pilots have come back to work.
He also said that negotiations are going on with the pilots regarding the issues raised by them.
In a statement, Alliance Air said flights suffered major disruptions as a section of pilots en masse reported sick in the last two days.
"We are now pleased to inform that the operations have normalised and flights are operating as per schedule," the statement said.
On Tuesday, sources said the airline has issued notices to the striking pilots and has also asked them to join back for duty.
State-owned Alliance Air, which was earlier part of the now-privatised Air India, has around 200 pilots and operates about 130 flights per day.
A source had said that at least 70 flights were affected due to the strike by the pilots on Tuesday.
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more
Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector
The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more