Don’t miss the latest developments in business and finance.

Jet Airways: Staff grouping seeks Scindia's intervention to resolve issues

Jet Airways staff has sought the intervention of Civil Aviation Minister Jyotiraditya Scindia in addressing their issues with respect to the resolution plan of the Jalan Kalrock Consortium

Jet Airways
Press Trust of India New Delhi
1 min read Last Updated : Jul 28 2021 | 11:57 PM IST

A grouping of Jet Airways staff has sought the intervention of Civil Aviation Minister Jyotiraditya Scindia in addressing their issues with respect to the resolution plan of the Jalan Kalrock Consortium, which has emerged as the winning bidder for the defunct airline.

In a letter to the minister, the All India Jet Airways' Officers & Staff Association has requested him to take up their issues with the representatives of the consortium.

Payment of all social security dues such as provident fund and gratuity, and assurance of employment to existing employees on the payroll are among their demands.

"We are shocked and surprised to notice that complete injustice has been done to the employees of the company in as much that the dues offered is about Rs 52 crore which is a miniscule amount compared to the original claims accepted by the resolution professional," the letter, dated July 27, said.

On June 22, the National Company Law Tribunal (NCLT) approved the consortium's resolution plan for grounded Jet Airways, subject to certain conditions.

The full-service carrier, which suspended operations in April 2019, was undergoing the Corporate Insolvency Resolution Process (CIRP).

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

More From This Section

Topics :Jet AirwaysJyotiraditya ScindiaAviation ministry

First Published: Jul 28 2021 | 11:57 PM IST

Next Story