Air India spends Rs 10 crore to insure grounded planes
- 5 years ago
National carrier Air India, which is sitting on a huge debt pile and surviving on the Rs 30,000- crore government bailout, is allegedly getting grounded aircrafts insured at a cost of $ 6 million in a year.
The state-run airline's recognised pilots union, the Indian Commercial Pilots Association (ICPA), has sought an independent probe into these allegations and fix the accountability on individuals responsible for this.
"Six Boeing 737-200 Fs, which have been out of service for more than three years, are still being insured at $1 million each per annum or $ 6 million, for more than the past three years. We demand an immediate, time-bound investigation by an external agency to look into this huge financial irregularity," ICPA General Secretary Shailender Singh said in a letter to Air India Chairman Rohit Nandan. The letter is also addressed to Aviation Minister Ashok Gajapathy Raju and the Chief Vigilance Commissioner.
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The state-run airline's recognised pilots union, the Indian Commercial Pilots Association (ICPA), has sought an independent probe into these allegations and fix the accountability on individuals responsible for this.
"Six Boeing 737-200 Fs, which have been out of service for more than three years, are still being insured at $1 million each per annum or $ 6 million, for more than the past three years. We demand an immediate, time-bound investigation by an external agency to look into this huge financial irregularity," ICPA General Secretary Shailender Singh said in a letter to Air India Chairman Rohit Nandan. The letter is also addressed to Aviation Minister Ashok Gajapathy Raju and the Chief Vigilance Commissioner.
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