Jet Airways has allowed its pilots to exit the company without serving the 6-month notice period, as the cash-strapped airline is cutting its capacity and operations, The Economic Times
Many pilots are opting for this given the dire straits of the airline, the report said citing people close to the situation. As many as 50 pilots have already resigned in the last few months by serving a notice period of just two days.
Jet has about 16,000 employees, including 2,000 pilots. In August, Jet Airways told employees without salary cuts it won’t last two months and informed its employees that a 5-25 per cent salary cut is on the cards in order to trim operational expenses.
The airline, however, denied the claims and told the newspaper that ‘attrition is a part of any organisation and at Jet Airways, it is well within industry norms’.