Faced with severe liquidity crisis, grounded Jet Airways has informed employees that it will not be able to fund the premium of group mediclaim policy and advised them to take medical cover of their choice.
IANS first reported on April 27 that Jet employees face uncertainty over extension of their mediclaim provided by the company.
“In the absence of any emergency funding from the lenders or any other source of funds forthcoming in the near future, we find ourselves facing a situation where we are not able to fund the premium of our Group Mediclaim Policy,” the airline Chief People Officer Rahul Taneja wrote in a letter to its employees.
