Monday, April 29, 2019

Who failed Jet Airways’ 20,000 employees—owners or banks?

On April 26, Shailesh Singh (52), who was undergoing cancer treatment, died after falling off a building in Mumbai’s Nalasopara. Police suspect Singh, who worked with Jet Airways as a technician for about 23 years and was on leave without pay for over a year due to his ailment, committed suicide. According to Singh’s family, he was suffering from severe depression due to his treatment. His savings had drained and his only other hope, his son, was also caught in financial trouble as he is also employed with the now-grounded Jet.

This is the story of just one of the thousands of families battling financial troubles due to the grounding of Jet, even as the airline’s leadership is busy passing the blame on lenders for not releasing funds for salaries.
Read the Quartz report in full >>

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