Jet Airways Pilots Seek PM Modi's intervention to save there jobs, Ask SBI for Funds

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The Economic Times | A Times Internet Limited product




Jet Airways pilots body, the National Aviator's Guild, Monday appealed the State Bank of India to release Rs 1,500 crore, which was proposed to be infused in the ailing carrier as part of a debt-restructuring plan last month. The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.




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    Jet Airways pilots body, the National Aviator's Guild, Monday appealed the State Bank of India to release Rs 1,500 crore, which was proposed to be infused in the ailing carrier as part of a debt-restructuring plan last month. The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.




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    Jet Airways' pilots, who are yet to receive a part of their November wages, have warned of 'non-cooperation' from March 1, should the outcome of discussions for further payouts be unsatisfactory, Jet's pilot union, National Aviator's Guild, said. The union has not yet clarified what action pilots might take.

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