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Jet Airways cuts some pilots’ salaries, offers leaves

Jet has mandated some of its pilots to take 10 days off every month and take only 70% of their remuneration, a person aware of the development told ET.

, ET Bureau|
Updated: Jul 21, 2017, 12.43 AM IST
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Another person in the know, however, said that the cut in working days and salary has been enforced only upon pilots who joined in the last one year.
Another person in the know, however, said that the cut in working days and salary has been enforced only upon pilots who joined in the last one year.
MUMBAI: Jet Airways has cut salaries of a section of its pilots by tweaking their contracts in a bid to reduce salary expenses even as the airline has trimmed its operations to the Gulf region due to poor demand.

Jet has mandated some of its pilots to take 10 days off every month and take only 70% of their remuneration, a person aware of the development told ET. There has been a deduction in stipends for some.

Another person in the know, however, said that the cut in working days and salary has been enforced only upon pilots who joined in the last one year. For others, it’s voluntary. This will impact about 20% of Jet’s workforce of 1,500 to 2,000 pilots.

A Jet Airways spokesman confirmed “review of our network, fleet and crew utilisation” as a result of “certain developments in the market, including that of the Gulf region, as well as our continued efforts to enhance internal efficiencies”.

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