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PHOTO FEATURE: Workers cover the badpit window of a Jet Airways plane parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, on March 26, 2019. REUTERS / Francis Mascarenhas / File Photo
NEW DELHI (Reuters) – The union of pilots of Indian airline Jet Airways has announced that it will give the carrier's new management two weeks to compensate for unpaid wages. his strike plan.
Jet delays payments to pilots, suppliers and lessors by several months and is in default after paying more than $ 1 billion in debt. The airline was rescued on Monday by state-owned banks, which temporarily took a majority stake in the company and granted it a new loan of $ 218 million.
The National Aviators Guild, Jet's jet trade union, had planned to go on strike from April 1 due to non-payment of wages. Jet announced Saturday that it would pay December wages to pilots and aircraft maintenance engineers, but can not pay for the moment the most recent salaries.
The Pilots' Union decided to give Jet's new interim leadership until April 14 to wipe out the employee contributions "together with interim funding", and postponed the draft strike until then, the National Aviators said. Guild in a statement addressed to its members, which was seen by Reuters.
Once a leading full-service carrier in India, Jet struggled to compete with low-cost carriers in recent years. In recent weeks, its president has resigned from the airline's board of directors and lenders have intervened to save it from bankruptcy.
Reporting by Aditya Kalra; Edited by Susan Fenton
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