Jet Airways has refuted media reports about possible cut in salary and other steps taken for cost cutting measure. The airlines described reports that the it cannot fly beyond 60 days as "incorrect and malicious" as well as denied any talks of a stake sale. However, the company said that aviation industry is going through a tough phase owing to various factors and it is taking various steps to cope with it.
In a statement, the company said that it is 'committed to create a growth-oriented, sustainable future and a revitalized experience". However, it said that the company is ' implementing several measures to reduce costs as well as realize higher revenues, for desired business efficiencies'.
Regarding dialogue with staffers, the Jet Airways said, it is to 'apprise them of the challenges being faced by the aviation sector in India and by the Company in particular, with an intent to enlist their full support".
03/08/28 DNA
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In a statement, the company said that it is 'committed to create a growth-oriented, sustainable future and a revitalized experience". However, it said that the company is ' implementing several measures to reduce costs as well as realize higher revenues, for desired business efficiencies'.
Regarding dialogue with staffers, the Jet Airways said, it is to 'apprise them of the challenges being faced by the aviation sector in India and by the Company in particular, with an intent to enlist their full support".
03/08/28 DNA
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