Cabinet clears merger of Air-India and Indian
01 March 2007
The group of ministers headed by external affairs minister Pranab Mukherjee had on February 21 suggested completion of the merger process by March 31.
Legal formalities of the merger process would begin soon and are likely to be completed within the next three months.
Civil aviation minister Praful Patel has, meanwhile, assured airline employees that their interests, including employment conditions, wages, seniority and career progression, would be taken care of and a grievance redressal mechanism would be in place to protect their interests.