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Total 38 results found. Search for [ Jet Airways salary cut ]

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BusinessToday.In
January 2, 2019
The small cap stock fell up to 5.71% to 265 level compared to the previous close of 281 on Tuesday. The stock opened with a loss of 2.51% at 274 level on the BSE.


PTI
December 31, 2018
From spiralling costs and cut-throat competition pushing airlines into the red to government initiatives aimed at boosting the fast-growing sector


PTI
December 31, 2018



PTI
December 31, 2018



PTI
December 31, 2018
Jet Airways strategic partner and Middle-east carrier Etihad, which holds 24 per cent stake in the Indian full-service carrier, is likely to provide a guarantee for the loan


BusinessToday.In
New Delhi, November 27, 2018
Jet Airways to clear remaining September salary on December 4, rest of the dues by March 31; General Motors to cut around 15,000 jobs, halt production in multiple factories; IndiGo defends decision to charge passengers for web check-ins; says practice followed globally; India likely to miss 2018-19 fiscal deficit target: India Ratings; wage growth slows to worst rate since 2008 crisis, says UN. Watch more in this episode of Business Wrap.


BusinessToday.In
New Delhi, November 27, 2018
Jet Airways to clear remaining September salary on December 4, rest of the dues by March 31Jet Airways will pay the remaining 25 per cent September salary to its senior staff early next month and is likely to come out with a revised payment schedule soon, a source at the airline said Monday. Notably, Jet Airways pilots had last week threatened not to perform additional duties from December 1 if their salary dues were not cleared by November 30. General Motors to cut around 15,000 jobs, h...


BusinessToday.In
New Delhi, October 22, 2018
Jet Airways said that external factors such as crude price, rupee devaluation and pricing environment necessitate change in the airline's operations.


PTI
October 6, 2018
The assurance came following a meeting between the Jet Airways management and its domestic pilots' union, National Aviator's Guild, at the airline's headquarters.


BusinessToday.In
New Delhi, September 27, 2018
\"While we have remitted the first instalment, please note that we shall be remitted 50 per cent of the second instalment today and defer the remaining sum to a later date,\" says Jet Airways Chief People Officer Rahul Taneja.


BusinessToday.In
New Delhi, September 6, 2018
\"Withholding salaries, that too without prior notice, is a serious matter and the management will bear sole responsibility for any repercussions. Not paying the salaries on time would lead to non-cooperation by pilots,\" say Jat Airways pilots.


BusinessToday.in
New Delhi, August 28, 2018
Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...


BusinessToday.In
New Delhi, August 13, 2018
Jet Airways, however, claimed that its account with SBI and all other banks is \"standard\" and it has not defaulted on any of its payment obligations.


BusinessToday.in
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...


BusinessToday.In
New Delhi, August 9, 2018
In addition to Rs 11,000 crore bailout package, the govt may give the board of directors additional powers to take decisions on operational issues.


BusinessToday.in
New Delhi, August 7, 2018
PepsiCo's Indra Nooyi to step down after 12 years as CEOPepsiCo CEO Indra Nooyi will step down on October 3 after a 12-year stint at the helm of food and beverage multinational. The 62-year-old India-born executive has spent 24 years at PepsiCo. The company announced that its Board of Directors has unanimously elected Ramon Laguarta to succeed Nooyi as Chief Executive Officer.Jet Airways releases salaries to employees, decides against pay cutCornered by protesting employees and ...


BusinessToday.In
New Delhi, August 6, 2018
The problem with Jet Airways is no different from the rest of the industry -- revenues are sliding and costs are rising. The carrier posted a loss of Rs 1,040 crore for the fourth quarter of fiscal 2018, and the revenue drop was visible in both international and domestic operations. Watch BusinessToday.In's video on reasons behind Jet Airways' financial woes.


BusinessToday.In
New Delhi, August 6, 2018
The buzz earlier was that having posted a loss of Rs 1,040 crore for the fourth quarter of fiscal 2018, the airline was in serious damage control mode and had informed its employees that a 5-25 per cent salary cut was on the cards.


Manu Kaushik
New Delhi, August 3, 2018
Jet's expenses has registered a steep rise, primarily led by aviation turbine fuel cost, foreign exchange losses, loans advances to subsidiary JetLite, and aircraft maintenance charges.


BusinessToday.In
August 3, 2018
Jet Airways refuted the claim in a regulatory filing. \"The statement 'Can't fly beyond 60 days, Jet tells staff', as appeared in the media, is incorrect and malicious,\" the airline informed the stock exchange.


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