Jet Airways to sack 72 expats to take locals on board

Mumbai: In an attempt to prune costs and navigate itself out of the turbulence in the Indian aviation sector, the nation's largest private airline, Jet Airways, has decided to terminate contracts of 72 of its high-cost expatriate pilots.
The Naresh Goyal-promoted airline sent notices to a section of its expat pilots last week. Nikos Kardassis, CEO, Jet Airways, confirmed the development to ETand said this was necessitated by a curtailed monsoon schedule and also the availability of pilots to tap from the local pool.
"We are reducing the level of operations for the monsoon season (as we do every year) and speeding up the process of training qualified Indian pilots from co-pilots to captains. We are also looking to recruit qualified Indian pilots available in the market at the moment," Kardassis said in a response to a query from ET.
23/05/12 Manisha Singhal/Economic Times

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Categories: Foreign May 2012, Jet Airways May 2012