New Delhi: Air India employees will be safeguarded even after the divestment of the national carrier by December-end. Besides Air India, the share purchase agreement (SPA) with Talace will include the Centre’s stake in Air India Express and AISATS.
At present, Air India has a total strength of 12,085 employees, which includes 8,084 permanent staff. Air India Express has 1,434 employees.
Tata Sons’ subsidiary Talace which emerged as the highest bidder for national carrier Air India will, among other assets such as human resources, get more than 140 aircraft as well as 8 logos.
In terms of fleet, Tatas will get Air India’s 117 wide-body and narrow-body aircraft and Air India Express’s 24. It will also operate these aircraft on over 4,000 domestic and 1,800 international routes.