New Delhi: June 20, 2009 - Financial crisis in Air India has deepened further with top management officials being requested to forgo their salaries and productivity-linked incentives (PLI), which are due for payment in July.

The cash-strapped national carrier earlier said payment of salaries and PLI to all its 31,500 employees would be delayed till July 15. Its monthly wage bill is around Rs. 350 crores.

In an internal communication, Chairman and Managing Director (CMD) Arvind Jadhav requested all executives at the level of general managers and above to voluntarily forgo salaries and incentives for July, in a gesture to help the airline ease the liquidity crunch.

The CMD’s communique was addressed to corporate directors, heads of strategic business units, executive directors, and general managers.