Jet pilots threaten to stop flying from April 1, set March 31 deadline on bailout, salaries

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Jet pilots threaten to stop flying from April 1, set March 31 deadline on bailout, salaries

https://timesofindia.indiatimes.com/business/in...

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Benevolent Benevolent
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acha…baki airlines mey vacancies hey kya ?

Deal Major Deal Major
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maharaja ka kiya haal hai aaj kal rolleyes

Deal Cadet Deal Cadet
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It’s disheartening , I have Europe tickets for May 2019 in Jet Airways . Anybody here closely associated with Jet Airways ?

Deal Subedar Deal Subedar
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even close buddies cannot help – since ethihad is also planning to sell the stake. Many flights are getting cancelled at very last moment.

If you have miles use it asap. Had taken business class last week using miles.

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Deal Major Deal Major
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Etihad offers to sell its 24% stake in Jet Airways to SBI for Rs 400 cr

https://economictimes.indiatimes.com/markets/st...

Benevolent Benevolent
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SBI is the only hope left out for their biz..

Deal Major Deal Major
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yeh sab kiya ho gaya hai – no salaries to pay – MTNL BSNL Mumbai BEST Buses and now this JET

IL&FS ka bhi issue tha rolleyes

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Deal Major Deal Major
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Banks to take control of Jet Airways cockpit; lenders to infuse Rs 1,200 cr

https://www.business-standard.com/article/compa...

Analyst Analyst
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matlab langde ghode par aur daanw lagayenge is ummid mein ki bas ek baar jeet jaye aur pehle ki haari race ka paisa vasool ho jaye maa kasam kabhi race mein paisa nahi lagaunga type?

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Deal Major Deal Major
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Jet Airways suspends services to 13 international routes till end-April

https://www.hindustantimes.com/business-news/je...

Benevolent Benevolent
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As per recent reports more than 100 Jet pilots have switched to Air India Express and Spicejet.

Deal Major Deal Major
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Over 1,000 Jet pilots refuse to fly from April 1

Over 1,000 pilots of the struggling private carrier Jet Airways have decided to go ahead with their “no flying” call from April 1 following the airline failing to receive funds from the banks Friday, its pilots guild has said.

The airline said in a statement that every effort was being made to restore normalcy of operations.

The National Aviators Guild, the body claiming representation of some 1,100 pilots at Jet Airways, had last week announced its decision not to fly from April 1 if their pending salaries were not cleared and clarity on the revival plan not provided by March 31.

Days after that, the airline’s ownership went into the hands of SBI-led consortium of banks under a debt-recast plan.

“A part of the expected interim funding from SBI was supposed to be actioned on March 29. Unfortunately, the fund transfer has not taken place, and there is also no update on salary payment from the management. The collective decision of pilots taken at Mumbai and Delhi open house effective 1 April prevails,” NAG president Karan Chopra said in a late evening communication to his members.

Jet Airways pilots along with engineers and senior management have not been paid for about four months now.

PTI

Deal Major Deal Major
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A major crisis at the struggling carrier Jet Airways was averted on Sunday after its pilots body National Aviator’s Guild deferred to April 15 its call of halting operations.

The decision was taken at an open house meeting of NAG members that took place both in Mumbai and Delhi Sunday afternoon, a guild source said.

The NAG, which claims representation of around 1,100 pilots of the total 1,600 with the full service carrier, last month announced that its members will not fly from April 1 unless their pending salary dues were cleared and a clarity on future payments was provided by March 31.

Jet Airways has been defaulting on salary payments to pilots, engineers and senior management since August last year.

The loss-making airline, which is now under the ownership of SBI-led consortium of lenders following a debt-recast plan, Saturday said it could remit only the remaining amount of December salary to pilots and others.

Jet Airways engineers have also reportedly threatened to stop work from April 1 if their dues are not cleared by March 31.

PTI

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