News: Jet Airways pilots warn of agitation over salary arrears

Employee Relations

Jet Airways pilots warn of agitation over salary arrears

Jet Airways pilots have warned the management of agitation if the airline fails to offer a concrete plan on payment of arrears amounting to Rs. 100 crore by August 20, sources said. When contacted, Jet Airways denied having received any such ultimatum from pilots. The threat comes a day ahead of the airlines’ annual general meeting and announcement of first quarter earnings on Monday. The AGM will be attended by chairman Naresh Goyal and Etihad chief executive and president James Hogan. Jet Airways, in which the Gulf carrier Etihad had invested Rs. 2,058 crore for 24 per cent stake, has 1,100 pilots on the roll. Its pilots have struck work for weeks in 2009 against sacking of two of their colleagues. “The pending arrears have not been paid even after the management saying at every meeting that they would be paid.

Jet Airways pilots have warned the management of agitation if the airline fails to offer a concrete plan on payment of arrears amounting to Rs. 100 crore by August 20, sources said. When contacted, Jet Airways denied having received any such ultimatum from pilots. The threat comes a day ahead of the airlines’ annual general meeting and announcement of first quarter earnings on Monday. The AGM will be attended by chairman Naresh Goyal and Etihad chief executive and president James Hogan. Jet Airways, in which the Gulf carrier Etihad had invested Rs. 2,058 crore for 24 per cent stake, has 1,100 pilots on the roll. Its pilots have struck work for weeks in 2009 against sacking of two of their colleagues. “The pending arrears have not been paid even after the management saying at every meeting that they would be paid.

Read the Hindu BusinessLine news report here.

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Topics: Employee Relations, #Current, #Corporate

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