Jet Airways relaunch hits turbulence: CEO confirms salary cut, leave without pay

Once a celebrated airline, Indian carrier Jet Airways has hit another roadblock ahead of its relaunch, leaving many of its employees with reduced salaries and on leave without pay.

The pay cut is said to be up to 50 per cent, news agency PTI reported, and the quantum would be higher for the CEO and CFO.

Kapoor, however, clarified in one of the tweets that “no one is being fired”. The airline has around 250 staff.
The airline was scheduled to resume operations in September, which got postponed to October, but it is yet to hit the engine again.

“These are all good people who have been working hard to try to do what has never been done before: revive an airline that has gone bankrupt. However with the ownership transfer timeline slipping due to factors outside our control, some temporary hard decisions had to be takenwe