Jet Airways will pay the remaining 25 per cent September salary to its senior staff early next month and is likely to come out with a revised payment schedule soon, a source at the airline said Monday.
Notably, Jet Airways pilots had last week threatened not to perform additional duties from December 1 if their salary dues were not cleared by November 30.
The Mumbai-based private carrier, majorly owned by businessman Naresh Goyal, has reported three back-to-back quarterly losses this year, resulting in severe cash paucity and subsequent payment issues with some of its staff and vendors.
Besides the remaining 25 per cent unpaid September salary, the senior management along with pilots and engineers are yet to be paid for October as well.
"The remaining 25 per cent of the September salary will be disbursed on December 4, while all remaining dues will be paid latest by March 31 next year," said the source after a meeting between the Jet Airways management and its pilots body National Aviator's Guild (NAG) here Monday.
26/11/18 PTI/Economic Times
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Notably, Jet Airways pilots had last week threatened not to perform additional duties from December 1 if their salary dues were not cleared by November 30.
The Mumbai-based private carrier, majorly owned by businessman Naresh Goyal, has reported three back-to-back quarterly losses this year, resulting in severe cash paucity and subsequent payment issues with some of its staff and vendors.
Besides the remaining 25 per cent unpaid September salary, the senior management along with pilots and engineers are yet to be paid for October as well.
"The remaining 25 per cent of the September salary will be disbursed on December 4, while all remaining dues will be paid latest by March 31 next year," said the source after a meeting between the Jet Airways management and its pilots body National Aviator's Guild (NAG) here Monday.
26/11/18 PTI/Economic Times
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