Jet Airways' pilots seek details of turnaround strategy

The pilots' union of beleaguered Jet Airways has sought details of the firm's turnaround strategy, including the various cost-cutting measures and the fund utilisation amid the airline flying into financial turbulence. The move comes in the backdrop of CE Vinay Dube informing the shareholders last week that the airline was looking at all elements of cost restructuring, including the employees' payrolls, indicating that the proposal was put on-hold. Jet Airways, however, said Tuesday that it has a transparent and open culture and employees as well as the management regularly engage to discuss matters of mutual concerns through different platforms." We have told the management to share with us its much-talked about turnaround plan," a senior pilot associated with the National Aviator's Guild said. <br/>
PTI
https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/jet-airways-pilots-seek-details-of-turnaround-strategy/articleshow/65404897.cms
8/14/18