Jet Airways Pay Cuts

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  Jet Airways Employees To Face Salary Cuts, Leave Without Pay: Report

  The insolvency resolution process of Jet Airways started in June 2019 after its then-promoters failed to provide liquidity.

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  Jet Airways Pilots, Engineers Joining SpiceJet At 30-50% Pay Cut: Report

  Jet Airways is staring at closure with nearly 90 per cent of its fleet on the ground

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  Tata Group In Talks To Buy Large Stake In Debt-Laden Jet Airways: Report

  Tata Group has sought management control of Jet Airways, seeking at least 26% initially and another 26% via an open offer later, the report stated.

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  Jet Airways To Pay Part Of August Salaries To Pilots, Engineers By October 9

  On September 6, Jet Airways told senior employees that salaries would be paid in two instalments till November.

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  Jet Airways Denies Reports Of Grounding Of Airline, Pay Cuts

  News agency Reuters reported citing a senior company executive that the airline told its pilots that it may be grounded in 60 days unless cost-cutting measures including pay cuts are put in place.

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  Jet Warns Airline May Be Grounded In 60 Days Unless There Are Pay Cuts

  Jet Airways is looking for working capital loans but banks want the airline to show a turnaround commitment, the source said.

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  Jet Airways Discussing Cost-Cutting Measures Like Pay Cuts With Employees

  Jet Airways on Thursday said it is in talks with employees and key stakeholders to implement cost reduction measures such as cuts in salaries of staff.

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  Jet Airways Asks Junior Pilots To Take 30-50% Pay Cut: Report

  In letters sent to pilots earlier this month, Jet Airways proposed they either take 30-50 per cent salary and stipend cuts, or quit.