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No funds to pay premium for group mediclaim policy: Jet Airways to staff

Noting that the group mediclaim policy would cease from May 1, Jet Airways Chief People Officer Rahul Taneja urged employees to take a medical insurance cover of their choice

Jet Airways staff
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Photo: Kamlesh Pednekar

Press Trust of India New Delhi
In continuing woes for staff, Jet Airways has said there are no funds to pay premium for the group mediclaim policy that expires on Tuesday.

The more than 25-year-old airline temporarily suspended operations on April 17 as it ran out of cash after lenders declined to extend emergency funds.

Jet Airways Chief People Officer Rahul Taneja has informed employees that the airline would not be able to fund the premium for the group mediclaim policy.

"In the absence of any emergency funding from the lenders or any other source of funds forthcoming in the near future, we find ourselves facing

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First Published: Apr 30 2019 | 3:42 PM IST

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