Jet pi­lots get salary plan

Mint ST - - CORPORATE -

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.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.