Friday, May 10, 2019

Jet Airways staff in Mumbai says they’re willing to work for less salary

As the troubled Jet Airways prepares for a bidding process from potential investors, a group of the airline’s staff have reportedly met with Maharashtra Chief Minister Devendra Fadnavis, urging him to intervene.

According to an ANI report, the group said, "We're ready to work for less salary, but we want Jet Airways to come back”.The CM has assured them the government will step in, added the report.

An estimated 22,000 Jet employees were left without work after the airline suspended operations last month following an extended period of cash flow and debt problems. Some of them have been subsequently offered jobs by rival airlines like SpiceJet and Air India, but many are still unemployed.

A number of bids are expected this week from potential investors including Etihad Airways PJSC, India’s National Investment and Infrastructure Fund and private equity firms TPG Capital and Indigo Partners, Mint reported.
10/05/19 Business Insider
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