In a letter to each employee, Jadhav has said that in view of the global crisis, all airlines have been experiencing low fares, poor load factors, drop in premium travel, decline in cargo load and low yields.
No harsh steps yet
Despite the hardships in the industry, Air india has not taken any harsh steps like pay cuts and job cuts so far, Jadhav pointed out.
His letter comes at a time when the employees of the carrier have called for an indefinite strike from July 1 if the management delays their salaries.
(Published 20 June 2009, 14:20 IST)
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