• SENSEX
    NIFTY 50
Aviation

Jet Airways assures pilots of fund infusion via Etihad Airways by mid-December

Updated : December 05, 2018 12:08 PM IST

Jet Airways founder and promoter Naresh Goyal, in a meeting held on November 26, assured pilots that their salaries will be paid on time from April 1, 2019.
The cash-strapped airline has been struggling to stay afloat, reporting heavy net losses for the past three consecutive quarters, forcing it to take several steps to cut costs. 
With a likely increase in Etihad's stake, an overhaul and remodeling of sectors will be on the cards, leading to more flights to Abu Dhabi, Etihad's hub.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV