Air India unveils voluntary retirement, separation schemes before merger

Air India has introduced two new separation schemes for non-flying permanent staff ahead of its merger with Vistara. The voluntary retirement scheme (VRS) targets employees with over five years of service, while the voluntary separation scheme (VSS) is aimed at those with fewer than five years. Details on these schemes remain unspecified, with a one-month application window provided. Since privatization two years ago, this marks Air India's third VRS rollout. \r

The merger is expected to affect around 600 employees from both airlines, as Tata Group-owned Air India and Vistara, jointly employing over 23,000, navigate through the integration process.