With the grounding of Jet Airways leaving tens of hundreds of trained staff up for grabs, there can be a short-term salary correction in the industry, as there are not enough jobs in the market due to the supply glut, say headhunters.
Teetering for months, the full service airline Jet Airways was finally grounded on April 17, leaving over 22,000 employees in the lurch. The once premium airline used to employ around 1,300 pilots and over 2,000 cabin crew.
They are now out in the job market, leading to a supply glut as other airlines are not in a position to absorb not even a quarter of the them due to their poor finances.
