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JET SALARY DEFAULT
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
SpiceJet clears employee dues till August after fundraisingSpiceJet has cleared all pending salary dues of its employees after securing a fresh capital infusion of Rs 3,000 crore. Salaries for July ...
SpiceJet clears salary dues days after raising Rs 3,000 cr via QIPSpiceJet has cleared all salary dues for its employees, covering payments for July, August, and outstanding June salaries, following its re...
Pilots body serves legal notice to Jet Airways over salary duesJet Airways pilots along with engineers and senior executives have not been paid for the last three months amid cash-drought in the airline.
Jet Airways math finds airline may not fly beyond AprilManagement asks lenders to provide clarity on revival plan in light of SC ruling for cos that have defaulted.
With 15 more grounded, Jet Airways has just 20 planes in operations nowJet Airways has grounded 15 more aircraft due to non-payment of rentals to lessors.
Pilots cancel strike plan as Jet clears salaries till DecemberThe pilots, who along with engineers and senior staff have not been paid for almost four months now.
200 pilots write to Jet Airways CEO, flag concerns over salary duesA source in the pilots' community said around 200 pilots have written to the CEO flagging concerns about non-payment of salaries.
Flight safety is at risk: Jet Airways' aircraft engineers union to DGCACash-strapped Jet Airways had on Monday said it had grounded four more planes, taking the number of aircraft that are non-operational due t...
Jet Airways pilots seek gov't help to recover unpaid salaries, with interestJet has delayed payments to its pilots, suppliers and lessors for months and defaulted on loans after racking up over $1 billion in debt.
Jet Airways fails to pay December salary to some more employeesThe airline has not paid salaries of managerial employees and those above for December, the source told .
Jet offers revenue from ticket sales to be securitised against outstanding debtJet may propose fresh repayment schedule; its brass will meet lessors, other suppliers early next week.
Banks may seek quick refuelling after Jet defaultBankers are now expected to speed up discussions with Jet to repay and raise money to resolve the cash crunch.
Jet Airways defaults on loan repayments to banksThe full service carrier has been grappling with financial woes for quite some time now and has been making delayed salary payments to staf...
Jet Airways to clear September salary dues on December 4Notably, Jet Airways pilots had last week threatened not to perform additional duties from December 1 if their salary dues were not cleared...
Salary dues: Jet Airways pilots not to do additional dutiesNotably, as many as 10 domestic flights were cancelled abruptly from Mumbai on Sunday due to shortage of pilots, though the airline attribu...
Jet Airways to make part payment of September salary to seniorThe airline, however, in a communication to these categories of employees did not give any time line on the payment of the rest 75 per cent...
More Jet Airways employees hit by salary defaultThe Mumbai-based full-service airline, partially owned by UAE national carrier Etihad Airways, has been facing financial problems for quite...
Jet plunges 5% as airline defaults on salaryThe cash-strapped airline on Wednesday sought over 10 more days from its employees to pay the balance 25 per cent of their salaries for Aug...
Jet defaults on salary payment to its employees againJet had reported net loss of Rs 1,323 crore for the first quarter ended June.