The Hindu Business Line
March salaries for pilots, others deferred
Jet Airways pilots and other staff will have to wait for some more time to get their salary dues. The company has informed its employees that the salary for March will be deferred, and an update on the status of the payout will be given by April 9.
In a communication to Jet Airways employees, its HR officer said: “In the current difficult times, the management team has been working with the lenders and other institutions to finalise a resolution plan which will help us stabilise our operations and build a sustainable future for the airline. However, given the complexities of such processes, it has taken us longer than expected.
“However, please be assured that we continue to strive and are in continuous deliberations with the lenders and institutions to find a solution. In light of the current situation, please note that salaries for March 2019 will be deferred.”
Jet pilots had initially said they would stop flying from April 1 if their salaries are not paid. However, they later postponed the deadline to April 15.