Air India has decided to clear salaries of all its employees for September and October this year before Diwali.
In addition, the airline will pay productivity linked incentives (PLI) for May and June to all licensed categories of employees, an official statement said. PLI constitutes a large portion of the salary paid to engineers and pilots.
“The airline will incur an expenditure of Rs 230 crore for payment of salary and Rs 200 crore for payment of PLI. The balance PLI for non-licensed category employees for May and June 2012, involving an expenditure of Rs 60 crore, will be paid by the end of November this year,” the statement added.