Tag: naresh goyal

Jet Airways faces acute financial stringency

Jet Airways Ltd has told its pilots that the airline may be grounded in 60 days unless cost-cutting measures including pay cuts are put in place, as reported by Reuters on Friday, 3rd July 2018. Following the acute financial stringency, the authorities had requested the pilots for a 15 per cent pay cut for two years to withstand the turbulent situation, however the pilots did not agree with the proposal so far. The company was looking in to all the possible areas to reduce the running cost and for savings to create a “healthier and a more resilient business”, a ... Read more

Jet Airways celebrates silver jubilee

Jet Airways has completed 25 years of operations from Mumbai to Ahmedabad. Jet Airways first flight, 9W321, took off on 5 May 1993 from Mumbai to Ahmedabad. “This day represents an unforgettable milestone and is a mix of emotion and elation for us all. We are both humbled and honoured by the overwhelming trust, support and appreciation received from our Guests over the years, as we fondly recall the first steps we took on what has been a truly exciting journey in bringing the Joy of Flying to millions of our Guests. It gives me great pleasure to reaffirm our commitment ... Read more