Mumbai:
The grounded planes of Jet airways will take-off again. Over 500 pilots, who were on mass sick leave, will return to work after a five-day stand-off between the pilots union and Jet Airways management.
The Jet management has decided to give 50 per cent discount on its flights to bring back customers after strike. This discount is likely to be given on domestic flights.
At 2 am on Sunday morning, the Jet management and unions announced a compromise deal.
It's a relief for thousands of passengers.
In the deal announced at 2 am on Sunday morning, the management has agreed to reinstate the four dismissed pilots. But in a major compromise, the pilots had to give up the union - the National Aviators Guild.
"To deal with grievances, we have a conciliatory body. NAG is NAG, and the consultative body is something we have put in place," said Sam Thomas, pilot, Jet Airways.
This body will have five members from the top management including the CEO and five pilots and it will discuss and resolve issues of the pilots.
"There has been a misunderstanding in the family. We have tried to solve it. Either the management or you have to take a step backward. We both have taken steps forward and the same love and affection has come together. Now we are same loving family again," said Girish Kaushik, president, NAG.
It's a sweet victory for the management, which had knocked, on every door to prevail upon the pilots to let go of their newly-formed trade union.
Jet creditors - the US and European banks which have loaned it Rs 12 to 14 thousand crores for buying aircrafts do not favour trade union activity and sources say they have been informally expressing their concern over the face-off.
For Jet, the battle may be over but the war isn't.
The Jet stand-off has resulted in a loss of over Rs 95 crore for one of India's largest private airline. Pilots have not yet received their salaries for August and sources say September salaries for all of the Jet staff could be delayed.
The Jet management has decided to give 50 per cent discount on its flights to bring back customers after strike. This discount is likely to be given on domestic flights.
At 2 am on Sunday morning, the Jet management and unions announced a compromise deal.
It's a relief for thousands of passengers.
In the deal announced at 2 am on Sunday morning, the management has agreed to reinstate the four dismissed pilots. But in a major compromise, the pilots had to give up the union - the National Aviators Guild.
"To deal with grievances, we have a conciliatory body. NAG is NAG, and the consultative body is something we have put in place," said Sam Thomas, pilot, Jet Airways.
This body will have five members from the top management including the CEO and five pilots and it will discuss and resolve issues of the pilots.
"There has been a misunderstanding in the family. We have tried to solve it. Either the management or you have to take a step backward. We both have taken steps forward and the same love and affection has come together. Now we are same loving family again," said Girish Kaushik, president, NAG.
It's a sweet victory for the management, which had knocked, on every door to prevail upon the pilots to let go of their newly-formed trade union.
Jet creditors - the US and European banks which have loaned it Rs 12 to 14 thousand crores for buying aircrafts do not favour trade union activity and sources say they have been informally expressing their concern over the face-off.
For Jet, the battle may be over but the war isn't.
The Jet stand-off has resulted in a loss of over Rs 95 crore for one of India's largest private airline. Pilots have not yet received their salaries for August and sources say September salaries for all of the Jet staff could be delayed.
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