Jet drops 4.5 pct as co defers March salaries of section of its staff

Jet Airways in a communication to its employees yesterday said that the salaries will be disbursed in a staggered manner with non-technical staff and other staff getting the pay on April 3 and the rest of the employees, including pilots and engineers, on April 10.

Jet drops 4.5 pct as co defers March
Shares of Jet Airways fell by 4.5 per cent today after the private carrier deferred the March salaries of a section of its staff to April 10, citing "circumstances beyond its control." Image source: Reuters

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