Date:24/11/2008 URL: http://www.thehindu.com/2008/11/24/stories/2008112459171300.htm

National

Jet chief to meet pilots today

NEW DELHI: Jet Airways chairman Naresh Goyal is slated to meet pilots and other officials on Monday to discuss cost-cutting measures, including salary cut and non-renewal of contractual agreements with expatriate pilots, an airline official said on Sunday.

The decision on salary cuts will be announced after the meeting, the official told IANS, requesting anonymity. He said the Chief Executive Officerwill lead the way by taking a 25 per cent salary reduction.

The company has also decided not to renew the contractual agreements with expatriate pilots once they expired, the official added.

However, A.K. Shivanandan, senior general manager of Public Relations of sister airlines JetLite, said he was not aware of the development.

Meanwhile, sources said the Jet management was unlikely to reach an agreement with the pilots in Monday’s meeting as they would refuse any pay cut suggestion. — IANS