Jet Airways to pay salaries to engineers, pilots in two installments

Jet Airways will pay its pilots, engineers, and senior executives 50% of their salary by September 11 and the remainder by September 26.

The airline's senior management has taken 5-25 per cent pay cut but salary cuts for pilots and engineers were put on hold because of protests. The airline posted Rs 13 billion first-quarter loss amid increasing costs and pressure on revenue.

"The salary for general managers and above, cockpit crew and aircraft maintenance engineers shall be disbursed in two instalments..For the month of September and October the same disbursement schedule shall be followed,” the airline's chief people officer