Jet Airways increases pilots’ salaries by up to 18%

10 Jun 2013

Jet Airways, the country’s premier international airline, has increased the salaries of its pilots, acquiescing to their long pending demand. It has increased pilots’ wages by up to 18% in staggered manner with retrospective effect from 2010-11.  It is also awaiting regulatory approvals for its 24% stake sale deal with Etihad Airways.

Private carrier has about 13,000 employees on its roll, of which about 1,100 are pilots. Earlier in January, the carrier had announced a wage hike of up to Rs 18,000 for its around 7,500 ground staff.

Related Jet Airways (India) Ltd. Links:

Jet Airways (I) Share Price

89.60 0.40 (0.45%) May 14, 15:55
1 Year Price Chart
Peers
Company Name CMP
Interglobe Aviation 1690.65
Hindustan Aeron 984.00
Spice Jet 69.90
Global Vectra Helico 42.50
Jet Airways (I) 89.60
View more..
Sensex vs Jet Airways (I)
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback