Mumbai: Pilots of Jet Airways (India) Ltd have threatened to take legal action against the management of the cash-strapped airline if salaries pending for the last three months are not paid by 14 April. A spokesperson for Jet Airways did not respond to queries. Jet Airways, which has been struggling to continue flying, has held back paying salaries since January to a section of its staff—including pilots, engineers and general managers. The lenders have initiated a bidding process for selling a stake in Jet Airways, which began on Monday and is expected to close on Wednesday. On Tuesday, Jet Airways shares rose 1.34% to ₹267.65 apiece on the BSE while the benchmark Sensex rose 0.62% to 38,939.22 points.

Source: Mint April 09, 2019 16:52 UTC