Jet staff hopeless, sentiment hits lowest

Staff sentiment at crisis-hit Jet Airways has hit the lowest as the endgame nears for the airline.

With no interim funds coming from the lenders and suspension
of all its operations imminent, they have lost all hopes and are bracing for
tough times ahead.

“We are going to approach the Labour Commissioner for
recovering our dues. We can no longer hold on any further,” said an
engineer who has taken a loan against his LIC policy to meet his daily

Airline sources told IANS that a few hundred pilots would
move from Jet Airways in the next few days as they no longer believe airline
would be saved.

“Jet Airways shares have suddenly dropped so much. It
signals there is nothing for the airline now and it will suspend all its
operations,” the engineer said.

Jet Airways shares dropped 12.47 per cent to Rs 229.05 on
the BSE on Tuesday afternoon.

While technical personnel are likely to get jobs as most
private carriers including IndiGo and GoAir hiring, the non-technical staff are
heading for tough time. Even, pilots and engineers are taking heavy pay-cuts to
get a job.

The salary cut ranges from 30 to 50 per cent.

“We are unlikely to get our dues from the airline. The
future remains bleak. The only ray of hope is that the traffic growth continues
which means job opportunities would come,” an executive said.

Captain Asim Valiani, Vice President, National Aviator’s
Guild (NAG), said that employees of all rank and file were facing financial

“We are not sure how to tide over this financial
stress. Children’s education, EMIs and even mediclaims are at stake. Not to
mention losing four months’ pay, bonus and gratuity,” Valiani said.

The Jet employees know that the industry does not have the
capacity to absorb all of them.

“Many pilots and (executives in) other ranks will be
jobless. The future of 20,000 employees is in jeopardy,” the Captain

*This section only applies to third party rss feed users*
Kashmir Broadcasting Corporation allows the use of RSS Feeds, but with our content usage we expect that credit is given, but in the event that it is not. This content policy annotation will act as a credit towards KBC (Kashmir Broadcasting Corporation) Please visit for more news and articles — we can not justify what is written on a third party site, as the content can be altered to their specification, if something is not authentic as it should be please visit and look for the original content. if it is no longer there then it can no longer be associated with Kashmir Broadcasting Corporation and if the content on a third party site has been altered to the point of offence or deemed inappropriate please report it to KBC via email: or fill the submission form on kbc’s website: with the details of the site and article heading — Thank You

Website —
FaceBook —
Twitter —
YouTube —
Instagram —

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker
%d bloggers like this: