{"id":275053,"date":"2019-05-17T06:51:52","date_gmt":"2019-05-17T06:51:52","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275053"},"modified":"2019-05-17T06:51:52","modified_gmt":"2019-05-17T06:51:52","slug":"employees-offer-to-lend-a-shoulder-to-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/employees-offer-to-lend-a-shoulder-to-jet-airways\/","title":{"rendered":"Employees offer to lend a shoulder to Jet Airways"},"content":{"rendered":"<p>HYDERABAD: Over 1,000 employees of grounded Jet Airways India Ltd have volunteered to forego salaries, take remuneration cuts besides borrowing money to buy shares and own equity in the airline. <\/p>\n<p>On Tuesday, the Sankaran P Raghunathan-led team representing minority shareholders and frequent flyers, submitted a fresh save-the-airline proposal \u2014 ROJA or Revival of Jet Airways \u2014 to banks, SBI Capital, Etihad Airways and NIIF. <\/p>\n<p>\u201cEmployees are airlines\u2019 biggest asset, but sadly no one\u2019s talking to them. Our survey revealed that employees are willing to take salary cuts and even borrow to buy shares to help the company get back on its feet,\u201d Rajesh Soundararajan, one of the nine professionals who devised ROJA told TMS. Incidentally, Jet\u2019s CEO Vinay Dube, who supported the proposal, quit on Tuesday. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>HYDERABAD: Over 1,000 employees of grounded Jet Airways India Ltd have volunteered to forego salaries, take remuneration cuts besides borrowing money to buy shares and own equity in the airline. On Tuesday, the Sankaran P Raghunathan-led team representing minority shareholders and frequent flyers, submitted a fresh save-the-airline proposal \u2014 ROJA or Revival of Jet Airways \u2014 to banks, SBI Capital, Etihad Airways and NIIF. \u201cEmployees are airlines\u2019 biggest asset, but sadly no one\u2019s talking to them. Our survey revealed that employees are willing to take salary cuts and even borrow to buy shares to help the company get back on [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[208,130,143],"tags":[],"class_list":["post-275053","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275053","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=275053"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275053\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}