Jet executives meet Jaitley, urge salary payment
Senior executives of grounded Jet Airways met the Union finance minister Arun Jaitley on Friday and requested him to direct the banks to release at least one month’s salary.
Jet has not paid salaries of a large number of its employees for the last three months, causing huge financial distress to them. The carrier last week suspended its entire operations for want of cash and is unlikely to clear employee dues anytime soon.
The airline executives also appealed to expedite the bidding process for the airline’s stake sale and ensure transparency in the procedure.
