{"id":268249,"date":"2019-04-05T07:19:28","date_gmt":"2019-04-05T07:19:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=268249"},"modified":"2019-04-05T07:27:39","modified_gmt":"2019-04-05T07:27:39","slug":"jet-holds-march-salary-of-16k-staff","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-holds-march-salary-of-16k-staff\/","title":{"rendered":"Jet holds March salary of 16K staff"},"content":{"rendered":"<p>Cash-starved Jet Airways on Wednesday deferred the March salary payment to its employees, citing \u201ccomplexities\u201d involved in the finalisation of the debt-recast plan, under which the SBI-led consortium of lenders has taken over the management control of the airline.<\/p>\n<p>Earlier, the airline had been delaying the salaries of its pilots, engineers and senior staff since August who have not been paid since January.<\/p>\n<p>The company has over 16,000 employees on its payroll.<\/p>\n<p>\u201cGiven the complexities of such (finalisation of the resolution plan) processes, it has taken us longer than expected. However, we continue to strive and are in continuous deliberations with the lenders and institutions to find a solution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash-starved Jet Airways on Wednesday deferred the March salary payment to its employees, citing \u201ccomplexities\u201d involved in the finalisation of the debt-recast plan, under which the SBI-led consortium of lenders has taken over the management control of the airline. Earlier, the airline had been delaying the salaries of its pilots, engineers and senior staff since August who have not been paid since January. The company has over 16,000 employees on its payroll. \u201cGiven the complexities of such (finalisation of the resolution plan) processes, it has taken us longer than expected. However, we continue to strive and are in continuous deliberations [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[212,130,144],"tags":[],"class_list":["post-268249","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=268249"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268249\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=268249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=268249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=268249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}