Jet Airways, which is yet to resume operations under its new owner, will reduce salaries for various staff and send many employees on leave without pay, amid uncertainty over resumption of its operations. Read on for details:
A former employee of Jet Airways has knocked on the doors of the Supreme Court challenging the validity of Section 125 of CrPC, which governs laws relating to maintenance.
Grounded carrier Jet Airways’ deputy chief executive and chief financial officer (CFO) Amit Agarwal has resigned, the airline said on Tuesday.
Jet Airways employees staged a silent protest at the Mumbai International Airport, seeking government’s intervention to solve the crisis facing the airline.
Employees of Jet Airways have written to President Ram Nath Kovind and Prime Minister Narendra Modi seeking their intervention to recover outstanding dues as well as to expedite the process of emergency funds for the airline, which has shuttered its operations temporarily.
“With immediate effect, we are compelled to cancel all our international and domestic flights. The last flight will operate today,” Jet Airways informed the exchanges.
Fugitive businessman Vijay Mallya on Wednesday lashed out at the central government for allegedly “discriminating” between private and state-owned airlines firm, while extending “sympathies” to the cash-strapped Jet Airways.
Civil Aviation Minister Suresh Prabhu on Friday directed Secretary at the Ministry of Civil Aviation Pradeep Singh Kharola to review issues concerning debt-laden Jet Airways and take necessary steps to minimise inconvenience to air passengers.
State Bank of India on Monday invited bids for stake sale in ailing Jet Airways.
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