Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 05, 2019

Jet Airways Fails To Pay December Salary To Some More Employees

Jet Airways Fails To Pay December Salary To Some More Employees
A Jet Airways (India) Ltd. aircraft stands on the tarmac at Mumbai International Airport in Mumbai, India. (Photographer: Adeel Halim/Bloomberg)

After defaulting on payment of salary to its senior management along with pilots and engineers, loss-making carrier Jet Airways has now failed to disburse the December salary to some other categories of employees as well, according to a person in the know.

The airline has not paid salaries of managerial employees and those above for December, the person told PTI on condition of anonymity.

The Naresh Goyal-controlled Jet airline, which is part-owned by Gulf carrier Etihad, has not been paying on time to about 15 per cent of its over 16,000 employees since August last year due to a liquidity crunch.

When contacted, a Jet Airways spokesperson didn't give a direct reply.

"Jet Airways would like to clarify that except for informed groups, all salary payments are up to date," the spokesperson said, without elaborating on who falls in the "informed groups".

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search