Vinay Dube, CEO of the grounded carrier, Jet Airways, on Monday told the ministry of labour and employment officials that there can be no clarity on the issue of payment of salaries to the employees till the outcome of the bank-led resolution process. Dube was called by the ministry officials to provide clarity as to by when the salaries can be paid.
“Where we stand is dependent on how the bid process goes,” Dube said. “The lenders are leading this. We await any kind of formal intimation from the lenders on who the bids are from, what the details are, and the steps we can take jointly.”
The meeting was called following a letter written by the pilots of the airline to the ministry on May 8, seeking redressal of their held back wages. The airline had delayed salary payments since August 2018, and all employees have gone without pay since March of this year. On April 17, Jet Airways temporarily halted operations after lenders refused the airline’s request to extend emergency funding to continue operations
