We say ... or do we?

Air India on Friday clarified that it “was in dialogue with various unions/associations/guild on Productivity Linked Incentive (PLI)reduction.”

Late on Thursday, the airline had issued a statement saying that the Air India board had decided to reduce PLI to employees / flying allowance paid to crew by 50 per cent.

The statement also quoted the Chairman and Managing Director, Mr Arvind Jadhav, as thanking the unions / employees for their foresight in “accepting the board’s decision”.

The statement added that the reduction will be there till an alternate formula for governing PLI is put in place within three months.

Mr Jadhav said, “The rationalisation of manpower costs will help in hastening the turnaround process, which has been initiated with the support of the Government.”

However, in Friday’s statement, the spokesperson of Air India said, “Mr Arvind Jadhav met representatives of various unions late last night with union leaders agreeing to revert by early next week after discussing the issue with the office bearers and committee members.”

So ... something may or may not be agreed.