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Monday, 15 June 2015

Jet Airways edging out expat pilots

During 2014-15, Jet Airways has prematurely terminated the contracts of 50 of its expatriate pilots as a part of cost-cutting measures and reducing dependency on the high-cost foreign flight crew.


“We have prematurely terminated the service contracts of 50 expatriate pilots between April 1, 2014 and March 31, 2015,” Chief Financial Officer (CFO) Ravichandran Narayan said during a post-earnings analysts call.
Read news in full 02/06/15 PTI/Business Standard

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