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Business News » India News

Jet Airways clears Aug salaries of senior staff; says Sep payments will be delayed

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Updated: Wed, Oct 10, 2018
12:02 am
PTI
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Crisis-hit Jet Airways Tuesday paid the balance amount of salaries for the month of August to its pilots, engineers and senior management but told them that September payments would be delayed, sources said.

As part of a staggered payment plan, the full service carrier was to clear the remaining 50 per cent of the August salary to these personnel on September 26.

On the scheduled date, the airline could pay only half of that amount due to paucity of funds. The remaining money was to be paid on October 9, which the airline did.

"We have received the remaining 25 per cent of our salary on Tuesday and with this payment, the airline has cleared our August salary dues. But it has still to disburse the September salary," a Jet Airways pilot associated with the National Aviators Guild (NAG) told

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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