ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • MSME Summit
  • Trending News
    • Viral News
    • Travel
    • People
    • Entertainment
    • Sports
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • E: Independence Day 2022 - PM Modi Speech From Red Fort - Watch Streaming | KNOW TOP POINTS, IMPORTANT QUOTES
  • FIIs buy shares worth Rs 3,040 cr on August 12, highest this month; net purchase at Rs 14,841.66 crore
  • Independence Day Special: How investment habits, preferences of people have changed over the past 75 years
  • Money Guru: As India gears up for 75th Independence Day celebration, where should you invest for benefit in New India? Expert de
  • 31 new malls coming soon in India: Set to spawn massive jobs, employment opportunities
Read in App
Business News » Companies News

Another blow to Jet Airways: Pilots ask for salary, threaten to stop flying from April 1

Earlier on Monday, Jet Founder and Chairman Naresh Goyal appealed to employees to remain patient and give the resolution process some time to complete. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Another blow to Jet Airways: Pilots ask for salary, threaten to stop flying from April 1
Suresh Prabhu's direction came a day after passengers were left stranded at Abu Dhabi as Jet Airways cancelled flights. Image source: Reuters

Crisis-hit Jet Airways' pilots have threatened to stop flying from April 1, if resolution process, salaries delay beyond March 31. The National Aviators Guild (NAG), which is pilots' national body, chart out their future course of action to deal with the present situation. Earlier on Monday, Jet Founder and Chairman Naresh Goyal appealed to employees to remain patient and give the resolution process some time to complete. Issuing an email to employees, he had said, "I am fully aware of the hardships each of you are undergoing owing to the stretched-out ongoing dialogue and deeply, most sincerely appreciate your patience, perseverance and your incredible dedication and loyalty." 

The mail reportedly said, "I would like to specifically thank our Pilots, Engineers and management for bearing with us during this trying time with delayed salary payments." "Let me once more assure you that I am fully committed to ensure that your deferred salary dues are cleared on priority once all parties sign off on the Resolution Plan and I recommit to you my best and most strenuous efforts 24x7 towards this end."

Earlier in the day, aviation regular DGCA said that Jet Airways only has 41 aircraft in its fleet for operations and that there may be further attrition in the fleet size and flights ahead. This was disclosed after the meeting held between Directorate-General of Civil Aviation (DGCA) and Jet Airways` representatives, said an IANS report. 

A DGCA statement said, "Current availability of aircraft in the fleet for operation is 41 and accordingly, a schedule for 603 domestic flights and 382 international flights has been drawn. However, it is a dynamic situation and there may be further attrition in coming weeks." 

The DGCA, however, has instructed the airline to comply with the relevant provisions of the applicable CARs (civil aviation rules) for facilitation of passengers regarding timely communication, compensation, refunds and providing alternate flights, wherever applicable, the report said.

The airline has reportedly been directed to ensure that no pilots/cabin crew/aircraft maintenance engineers, who had reported stress of any nature, be rostered on duty, adding "...all such staff should be current with all mandatory training requirements."

The meeting took place after Civil Aviation Minister Suresh Prabhu today directed senior officials to hold an emergency meeting on the grounding of flights by Jet Airways.

The minister tweeted, "Directed Secretary, MoCA, to hold an emergency meeting on grounding of flights by Jet Airways, advance bookings, cancellation, refunds and safety issues, if any," adding "Asked him to get a report on Jet compliance issues immediately from DGCA." 

Prabhu's direction came a day after passengers were left stranded at Abu Dhabi as Jet Airways cancelled flights. 

Meanwhile, shares of cash strapped Jet Airways today fell nearly 4 per cent amid the company cancelling flights after grounding of a large part of its fleet. Jet Airways shares declined 3.35 per cent to close at Rs 229.05 apiece on the BSE, while at the National Stock Exchange (NSE), shares dropped 3.65 per cent to close at Rs 228.10 per scrip.

Watch this Zee Business video

On February 14, Jet Airways board had approved a resolution plan, as per which the lenders, led by the State Bank of India (SBI), would become the largest shareholders in the airline by converting the airline`s debt into equity at a nominal price of Re 1.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Jet AirwaysAviationDGCA
Written By: ZeeBiz WebTeam
Updated: Tue, Mar 19, 2019
07:05 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Jet Airways selects IBS Software to handle ticket bookings, departure control Jet Airways selects IBS Software to handle ticket bookings, departure control
Jet Airways gets wings back, to start commercial operations from September Jet Airways gets wings back, to start commercial operations from September
Aviation companies’ shares surge up to 6% intraday amid price reduction in Jet fuel – details here Aviation companies’ shares surge up to 6% intraday amid price reduction in Jet fuel – details here
On-time performance of major airlines deteriorates for straight 3rd  day – Zee Business lists reasons On-time performance of major airlines deteriorates for straight 3rd day – Zee Business lists reasons
ATF Price Hike: Aviation stocks feel the heat! SpiceJet hits 52-week low; IndiGo, Jet Airways drop up to 4% ATF Price Hike: Aviation stocks feel the heat! SpiceJet hits 52-week low; IndiGo, Jet Airways drop up to 4%

LATEST NEWS

Independence Day 2022: PM Modi pays tribute to Mahatma Gandhi at Rajghat

Stock Market Holiday Today 15 August 2022: NSE, BSE to remain closed today

Laal Singh Chaddha box office collection: How Aamir Khan-starrer movie performed on Day 3; know latest update

Bank holiday today: List of days when banks will remain closed in your state in August

Delhi Traffic Police Advisory for Independence Day: 15 August - Roads to avoid today, timing of closure – full details here

LIC keen to re-enter mediclaim segment, awaiting regulatory clarity, says Chairman M R Kumar

13 gold mines in Andhra Pradesh and Uttar Pradesh may be sold this month- Here's why

Raksha Bandhan box office collection: How Akshay Kumar's movie fared on Day 3; know latest update on Aamir Khan-starrer Laal Singh Chaddha

Happy Independence Day 2022: How to download, send WhatsApp GIFs, Stickers, Status and more

Independence Day 2022: Gallantry Award winners - Full List

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV