SME Times is powered by   
Search News
Just in:   • Huawei's laptop removed from Microsoft store  • China-Myanmar media forum held in Yangon  • US dollar rises amid economic data  • Nike, Adidas urge Trump to end trade war  • Apple nurturing young Indian coders to create Next-Gen apps 
Last updated: 20 Apr, 2019  

jet.air.THMB.jpg Jet pilot shoots tough questions at management

Jet.9.jpg
   Top Stories
» Reduce interest rate, corporate tax, free up agriculture: Economist
» Finance Commission meets Ministry of Electronics and IT
» India an attractive destination for global investors: Naidu
» High-level committee submits strategies on reducing import
» Investment needed urgently as consumption hit: Experts
SME Times News Bureau | 20 Apr, 2019
An old-timer and veteran Jet Airways pilot Sudhir Gaur has blamed the management for keeping 22,000 employees in the dark over the turn of events that led to complete suspension of the airline's operations leaving the staff in lurch.

The senior captain, who has been with Jet Airways since its inception, has written to airline CEO Vinay Dube seeking answers for the shift in management positions since last August.

"At this stage, we expect nothing less than the facts of how we got to 'temporarily suspending operations' of this airline which 'us employees' started 26 years back.

"Ironically, our first B737 arrived in India exactly 26 years ago, April 18, 1993 probably coinciding with the last flight taxing in when we suspended operations on 17th (April) night," Gaur has written to the airline chief.

"We await the facts and timelines of what conspired and who failed us," he also noted.

Captain Gaur could not be reached for his comments despite repeated attempts.

Facing severe liquidity crisis, Jet Airways on Wednesday night suspended its operations indefinitely.

The airline's revival now depends on successful stake sale initiated by the lenders led by the State Bank of India (SBI). In an official statement, the airline lenders led by the SBI has said that they are "reasonably hopeful" that the stake sale process would succeed and determine fair value of the enterprise.

As per industry sources, private equity firms TPG Capital, Indigo Partners and the NIIF and Etihad Airways are in the race to buy a stake in the grounded carrier.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 22 May, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» The Silk Road - A journey through history(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter