More than a thousand pilots of India's debt-laden Jet Airways will not fly from Monday as they have not been paid salaries for the past three months, the president of the National Aviators Guild said on Sunday.
Ironically, the strike may not have much of an impact, as the airline is flying a skeletal schedule, and there will be enough non-union pilots to fly these flights.
The pilots along with engineers and senior management have not received their salaries for three months, whereas employees of other categories have not been paid for the month of March.
The debt-ridden Jet Airways' pilots body which claims representation of around 1100 pilots of the total 1600 with the full-service carrier, had in late March called for no-flying from April 1 over the issue of unpaid salaries.
Separately, the pilots, crew members and engineers may gather at the Jet Airways headquarters in Mumbai on April 14 morning, as a mark of protest. The fleet is down from its original strength of 119 planes.
Kharola said Jet will meet bankers on Monday for an infusion of funds in the interim, the TV channel added.
This is despite the promise to transfer Rs 1,500 crore in emergency funding.
But now even that may not be enough. There is a critical meeting tomorrow with airline management and SBI.
It will, however, be hard for the airline to last till then unless banks come to the rescue with higher funds infusion.
Abu Dhabi-based Etihad Airways, which owns a 24-percent stake in the airline, private equity fund TPG Capital, the government-owned sovereign fund National Investment and Infrastructure Fund, and ousted chairman Naresh Goyal are among those to have submitted bids, the Business Standard reported.