New Delhi, April 13 -- Air India is set to offer its employees performance-linked stock options in a bid to reward and attract talent, as the airline pursues profitability four years after its takeover by the Tata Group.

Eligible employees, including pilots, engineers and senior management, will have the right to buy shares later, once they have been granted stock options, at a price between the face value of Rs.4 a share and the fair market value on the grant date, said a company executive privy to the matter.

The plan was cleared at an extraordinary general meeting held on 13 February. "The objective of PSOP (performance stock option plan) 2026 is to reward the eligible employees of Air India and its subsidiaries, present or future, f...