The letter sent on behalf of the employees said, “We are shocked and shocked to see that complete injustice has been done to the employees of the company. The dues offered to them is around Rs 52 crores.
Jet Airways employees salary dispute
The problems of Jet Airways, which is already struggling with difficulties, may increase further. In fact, the employees of Jet Airways are not satisfied with the decision of the National Company Law Tribunal (NCLT). Now the intervention of Union Civil Aviation Minister Jyotiraditya Scindia has been sought in these employees. They say that NCLT has done injustice to the employees of the company. There must be a solution to this.
A group of employees of Jet Airways has appealed to Civil Aviation Minister Jyotiraditya Scindia to intervene to resolve the issues related to the employees regarding the resolution plan of Jalan Colorrock alliance. In fact, on June 22 itself, the NCLT had approved the resolution plan of the alliance for the bankrupt Jet Airways. This approval was given with certain conditions.
This demand from the Union Minister
In a letter to Scindia, All India Jet Airways Officers and Staff Association has requested him to take up the issues of the employees with the representatives of the alliance. Their demands include payment of all social security dues such as provident fund and gratuity, and assurance of employment on payroll to existing employees.
52 crore case
In this letter dated July 27 from the employees, it was said, “We are shocked and shocked to see that total injustice has been done to the employees of the company. The outstanding amount offered to them is around Rs 52 crore which is a small amount as compared to the original claims accepted by the resolution professional.”
15,400 crore outstanding
Jet Airways owes its creditors an undisputed Rs 15,400 crore, out of which Rs 1,254 crore is owed to its employees including salary dues. According to a news report, an employee of Jet claims that the company owes about Rs 85 to each commander and about Rs 3 lakh to the lowest paid employee. In such a situation, the employees are suffering a lot under the resolution plan.
Kalrock-Jalan is now the new owner of Jet
Jet Airways was considered to be the oldest and largest private airline in India. It was closed in the year 2019 after a severe shortage of funds. At that time, the SBI-led consortium was referred to the NCLT for resolution under the Insolvency Code. During this time the slots of Airways were allotted to other airlines. Jet Airways was bought by Kalrock-Jalan in the year 2020. As per the resolution plan, the Kalrock-Jalan consortium plans to expand it within 5 years.
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