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

INSUBCONTINENT EXCLUSIVE:
Shares of Jet Airways closed almost flat at Rs 191.90 apiece on the BSE.Crisis-hit Jet Airways has told its pilots, aircraft maintenance
September 6, the full service airline told senior employees that salaries would be paid in two instalments till November
The salaries for August was to be paid in two instalments -- 50 per cent by September 11 and the remaining by September 26
In a communication Wednesday, Jet Airways Chief People Officer Rahul Taneja said that part of the August salaries would be paid by October
9."While we have remitted the first instalment, please note that we shall be remitting 50 per cent of the second instalment today and defer
by October 9, 2018," Taneja said
The communication is addressed to pilots, Aircraft Maintenance Engineers (AMEs) and senior management team
Airways spokesperson said the airline Wednesday remitted half of the second instalment of pending emoluments of its pilots, AMEs and senior
management for August
"The airline has also communicated a revised date of payment to the concerned employees and stands committed to honour its obligations," he
the employees, he added
The airline, which has posted losses for two straight quarters, is grappling with financial woes
Earlier this month, the airline said that disbursal of salary for "GMs and above, cockpit crew and AMEs will be postponed for the month of
August 2018, and shall be disbursed in 2 instalments - 50 per cent by 11th September and balance fifty per cent by 26th of September
TheIndianSubcontinent staff and is published from a syndicated feed.)