Jet Airways, India’s top private airline, has laid off about 850 employees due to falling air travel and soaring costs. As per reports coming in another 400 is likely to be laid off. This is one of the largest lay-offs in the history of Indian aviation. Cabin crew members under probation would account for most of the cuts, while the Business Standard said the layoffs would include cabin crew, pilots, ground staff and management.
Jet Airways on Wednesday said that 1,900 of the 13,000 staff were being given notices of separation. Yesterday, Jet had announced that 850 cabin crew would be given the pink slip.
Jet and Kingfisher, along with their acquired airlines, have a combined strength of 19,000 employees, a fleet of 189 aircraft serving 1,009 daily flights, of which 82 are on international routes.
Source: Time Now - By January 3000 employees will be relieved.
Jet Airways chairman Naresh Goyal has said that only those whose jobs were not confirmed have been laid off. He went onto say that the process will allow them to allocate resources to existing employees.
On Monday Jet Airways and No.2 private carrier Kingfisher Airlines, which between them have about 60 percent of the domestic market, agreed on an alliance to cut costs through code-sharing, sharing of ticketing, ground services, joint fuel management, crew training and utilisation.
Amid the current crisis faced by the aviation industry, Civil Aviation Minister, Praful Patel has acknowledged that it is a tough time for the entire industry worldwide. He, however, maintained there would be no intervention from civil aviation ministry in case of sackings by airlines.