Aviation min forms panel to review wage issues

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Last Updated: Wed, Feb 15, 2012 15:18 hrs

India's civil aviation minister has formed a panel to examine wage-related issues arising from the merger of national carriers Air India and Indian Airlines.

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The three-member panel will examine the recommendations of the Justice Dharmadhikari Committee on HR related issues by the first week of March, the aviation ministry said in a statement.

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India's airline companies face a severe cash-crunch and have a massive debt pile of about $20 billion.

Indian Airlines, which mainly operated on domestic routes, was merged with Air India in 2007.

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All but one of India's six main airlines are loss-making, with state-run Air India on government life-support.