The pilots of Jet Airways who had planned to stop flying with effect from today if their pending salaries were not cleared, have given 15 more days to the Airline to clear all dues.
Earlier, almost 200 pilots had written individual letters to the Jet CEO, threatening to abstain from work if the pending salaries were not cleared. However, Jet had said that it would be able to pay only the remaining 87.50 per cent of their December salaries just yet. Following this, The National Aviators Guild (NAG) members had organised an ‘open house’ of its members in Delhi and Mumbai to discuss the matter, where they set a new deadline for the Jet management to clear all dues within two weeks.
The pilots as well as engineers and senior employees, who have not received their salaries since January, had been demanding not just the clearance of salaries but details of how things would be handled in the future.
The Airline’s sustainable future has been the only topic of discussion for the management, with Jet’s financial downfall making news for some time now. Ways are being worked out to take much-needed help from banks and lenders. All efforts are on to clear pending salaries worth Rs 320 crore and restore stability.
The lenders that have been approached are planning to bail out the Airline by issuing rights, with the present promoters and partners relinquishing a part of of their stake, and allowing new investors to enter.