INSUBCONTINENT EXCLUSIVE:
airline over delays in the payment of salary.In the notice addressed to CEO Vinay Dube, the National Aviator's Guild has threatened to
initiate legal action unless the salaries of the pilots due from January to March are cleared by April 14.The pilots, via their counsel,
claimed that despite raising the issue time and again with the management, the schedule of payment is getting delayed each time."My client
calls upon the management of Jet Airlines to pay the salaries outstanding for the months of January, February and March 2019 by April 14
2019 (and future monthly salaries by the 1st of each proceeding month), failing which my client shall be constrained, instructed to inform
you, to resort to all constitutional and legal methods available to it to ensure payment of the salaries of its members," the notice
read.The 25-year-old airline, which shattered Air India's monopoly, has been surviving while facing bruising competition from low-cost
airlines and fluctuating crude oil prices.On March 25, Jet Airways chairman Naresh Goyal and his wife Anita holding 51 per cent of the
equity resigned from the board and transferred control to the lenders
Thereafter, an interim management committee was created to manage and monitor daily operations and cash flow.According to reports, Jet
Airways has a debt of more than Rs 8,500 crore besides unpaid dues to aircraft lessors, employees and suppliers.Get the latest election
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