Jet pilots get salary plan
salary will be paid in April, when salary will become current,” the person said.
Jet Airways, which had a 13.3% share of the domestic aviation market in October, needs to urgently raise cash to stay afloat, as costly fuel and a weak rupee have hurt its financial health.
A Jet Airways spokesperson said that the airline is committed to meeting all its salary obligations, and has already paid salary to 85% of its workforce on time for the November payroll.
“This week, the company has remitted the final tranche of the pending September salary and 25% of October salary for the remaining 15% of its employees,” the spokesperson added.