 "Jet's unit costs increased 8.7 per cent while its unit revenue declined 3.9 per cent")
Cash-strapped Jet Airways will pay only 75 per cent of August salary to its pilots, engineers and senior management this month. The airline has said it shall “make every effort” to release the remaining 25 per cent by October 9.
Earlier this month, the airline had announced that it will pay salaries to pilots, engineers, and senior management in two instalments. It paid 50 per cent of the sum on September 11 and the balance was to be credited on Wednesday.
However, Jet Airways has now announced that only 75 per cent of the August salary would be credited this
