NEW DELHI: To beef up its operations, cash-strapped Air India has launched a massive drive to recruit chief operating officers for itself and Air India Express, along with commanders, co-pilots and cabin crew for almost all types of aircraft in its fleet.
Experienced and inexperienced cabin crew are also being recruited for its Boeing 787 Dreamliners, which are yet to be inducted in its fleet, and the latest Boeing 777s meant for international operations, airline sources said.
This major recruitment drive comes ahead of a meeting of a Group of Ministers, led by Finance Minister Pranab Mukherjee next week, that would review Air India's financial restructuring and turnaround plans.
The post of Air India's COO fell vacant after Gustav Baldauf quit the post in February after alleging "political interference" in the functioning of the ailing national carrier. The highly-experienced Austrian pilot was appointed the first COO of Air India in April 2010.
However, the new Air India COO would not be as highly paid as Baldauf who used to get around Rs three crore as his annual package. The new COO's compensation package would have a fixed component of between Rs 40-60 lakh or 60 per cent of the package. The remaining part would be performance-linked.
While the Air India COO would be based in Mumbai, the one for AI Charters Limited, which operates low-cost Air India Express to Gulf and Southeast Asia, would be based in Kochi.
The COO of AI Express would get a fixed package of Rs 25-30 lakh, comprising 60 per cent of the entire emoluments, while the remaining would be performance-linked.
Both COOs would be on a three-year contract which would be extendable by two years on the basis of their performance, the sources said.
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