Jet pilots warn of stir over delayed salaries
Jet Airways (India) Ltd will delay paying salaries for an additional two months of September and October as the lossmaking airline battles its financial woes.
Jet Airways has already delayed salary payments for July and August. It now plans to disburse salary for August in two instalments in September, according to an internal note sent on Thursday to employees by Rahul Taneja, the airline’s chief people officer. The note was reviewed by Mint.
Those affected are employees holding ranks of general managers and above, cockpit crew and aircraft maintenance engineers, Taneja said in the note. He said salaries for August would be disbursed in two instalments—half by September 11 and balance by September 26.
“For the months of September and October 2018, the same disbursement schedule will be followed,” Taneja said.
A spokesperson for Jet Airways said “issues such as the disbursement of salaries are being amicably addressed and we continue to resolve ongoing concerns through constant dialogue with the airline’s management team.”
“The management has been receptive of the cost saving initiatives suggested by NAG committee,” the spokesperson said. NAG is its pilots’ union— National Aviator’s Guild.
Meanwhile, PTI reported that pilots of the airline—controlled by Naresh Goyal—have warned the management of “non-cooperation” over default on payments.
Jet Airways, owned 24% by Etihad Airways of Abu Dhabi, is facing acute cash crunch after posting two straight quarters of losses.