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A CASE STUDY on AIR FLY AIRLINES Merger issues leading to failure of Industrial relations Critical Incidents - strikes, employee separation, Retrenchment Voluntary retirement and revenue losses. Major Stakeholders - Employer, Management, Trade Unions, Employees, Labour & Government Abstract With the transformations and gradual change in business environment, the Industrial Relation system has seen a vast change over a period of time, due to which, the role of employer and employees have become more tough and challenging. Of all the human resource management problems that have occurred in the Indian Airlines Industry in recent times, the problem of Industrial Relations is the most critical. The reason behind this is the fact that Industrial Relation deals with people who are foundation of the Industry. Their action or counter reaction matters a lot for the Industrial Harmony of the economy country. Harmonious Industrial Relations are pre-requisite for economic development of a country. Success and growth of the Airlines Industry depends on cordial relationship between the employers and the employees. The Objective of this case study is to examine the "Industrial Relations in Airlines Industry in India: "A Case Study of Air Fly Airlines". Research in this field can be of practical utility to all those involved in Industrial Relations scene like management, employees and the government. Success of the Airlines Industry depends on cordial relationship between the employers and the employees. This study assesses the state of Industrial Relations in the Airlines Industry and also identifies the factors that affect it. The case study also proposes to redefine the pattern of Industrial Relations in Airlines Industry by suggesting some changes in the role of various stakeholders such as employer, management, union and government. Introduction Indian industrial enterprises are hugely affected by disinvestments, privatization, restructuring and takeovers which,

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The Indian Construction and Infrastructure Sector have evolved and moved out of their nascent stages. For the past few decades, several private developers and government bodies were targeting the projects which were easy to execute. The projects also yielded maximum economic benefit. In the process, they have not picked up difficult projects and hence they are not equipped enough to take up large and complex projects. When we compare them with global giants we are far behind in technology implementation, modernization, adopting the latest technology to increase speed and efficiency etc. Let us take a look at top 10 global construction and infrastructure giants who are well known in the field of construction and infrastructure development. 1 Vinci Vinci is a 115-year-old French construction giant. It has the largest revenues by any privately-owned construction company in the world. They have aggregated the position by several mergers and accusations. They have undertaken mammoth large-scale infrastructure projects like the Gariep Dam in South Africa. Stade de France football stadium built for the 1998 football World Cup etc. The Group currently employs more than 183,000 people worldwide. 2. Grupo ACS Grupo ACS is a Spanish contractor who started the business in 1997 through the merger of two other construction companies. It has grown through several high-profile mergers and acquisitions including that of Hochtief. They have added several marquee projects like Torre de Cristal and Torre Espacio skyscrapers in its home country and Alqueva Dam in Portugal to its name. 3. Bechtel Bechtel is the largest US contractor who has worked on such high-profile projects like the Hoover Dam which was completed way back in 1936. They have also completed complex projects like the Trans-Alaska Pipeline system in the '70s and more recently the 'Big Dig' Central Artery project finished in 2007. The company employs more than 53,000 people around the world. 4. Hochtief G

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