Jet Airways pilots’ union to meet management tomorrow
Jet Airways pilots’ union, National Aviator’s Guild, is likely to hold talks with the airline management tomorrow on the issue of steep reduction in the salaries of junior pilots
Mumbai: Jet Airways pilots’ union, National Aviator’s Guild, is likely to hold talks with the airline management on Thursday on the issue of steep reduction in the salaries of junior trainee pilots.
The Guild, which represents more than 1,000 Indian pilots of Jet Airways, will also raise the issue of disciplinary action against number of non-management pilots, a source close to the development told PTI in Mumbai.
“The management is meeting us tomorrow in Mumbai to discuss various issues including the issue of 30 per cent cut in the salaries of junior trainee pilots,” people familiar with the matter said.
The Naresh Goyal-owned airline last month asked its junior pilots to take 10 days off every month (which implied 30% salary cut) as part of cost-saving measures.
In a letter sent to the junior pilots, the airline said the decision was aimed at “balancing our cost structure.”
The number of junior trainee pilots working with the airline is over 200.
“The Guild will also take up the issue of demotion of several line pilots in the name of disciplinary action,” the source said.
On the other hand, the airline has not taken action against a management pilot who performed hard landing and did not even report the matter to the airline, the source alleged. “We will raise this issue as well as that of freeze on pay hikes of pilots,” the source added.
Faced with financial challenges and intense competition, the full service carrier has decided to freeze increments for the staff in the current fiscal year. It had taken this step in 2016-17 too.
The increment freeze will be reviewed post declaration of the first quarter (April-June) results of FY 2017-18, Jet Airways had told its pilots in a communication in April. The airline will announce its April-June quarter results in September.
- Federal Bank posts 25% rise in net profit on lower provisioning
- UPL seeks $3 billion loan to buy Bill Ackman-backed Arysta
- Amazon founder Jeff Bezos is richest man in modern history
- News In Numbers: LIC holds more than 10% stake in 6 public sector banks
- Byju’s in talks to raise over $150 million in deal that values start-up at up to $2 billion