NEW DELHI: Hinting that Jet AirwaysNSE -1.35 % employees are unlikely to receive their salary dues till the stake sale process is completed, Vinay Dube, the CEO of crisis-struck Jet Airways, on Friday told airline employees that the lenders have so far provided no clarity on releasing emergency funds required to meet salary dues.
In a letter to the employees, Dube also wrote that the consortium of lenders to the now-grounded Jet Airways has put the blame for the airline’s collapse on shareholders, suggesting that the latter could have agreed to a resolution plan a long time ago.
