Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Home-page / Jet Airways sacks 25 expat pilots
BackBack

Jet Airways sacks 25 expat pilots

Jet Airways sacks 25 expat pilots

Premium

Mumbai: Plagued by mounting losses, private air-carrier Jet Airways has sacked at least 25 expatriate pilots, including captains of Boeing 737 aircraft, a Jet spokesperson said Saturday.

The expatriates get between $15,000 to 18,000 salary per month besides perquisites such as five-star hotel accommodation and business class conveyance to their home country.

Earlier, around Diwali time, Jet had sacked around 400 support staff but later rescinded its move by taking back all the employees.

Another private air-carrier, the Vijay Mallya-run Kingfisher Airlines, had last month, announced a cut in the salaries of its trainee pilots as a part of its cost-cutting measures.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 08 Nov 2008, 04:57 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App