Curious Timing: Jet Airways Slashes Jobs Days After 'Alliance' Announcement | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Wed, Oct 15, 2008

Curious Timing: Jet Airways Slashes Jobs Days After 'Alliance' Announcement

As Many As 1,900 Positions Eliminated, Including 800 Recently-Hired FAs

Citing "these difficult times" and an expected $2 billion USD loss in the Indian aviation industry in 2008-2009, on Wednesday Jet Airways announced it would cut back its previously announced winter schedule by 15 percent... while also firing the personnel who were recently hired to handle those extra flights.

"This is inevitable in view of the declining traffic volumes," the airline said. "Jet Airways expects these difficult market conditions to continue for some time. Jet has been watching the situation for some time in the hope that it may turn around, but has now reached a stage at which some hard decisions are inevitable.

"As a consequence, personnel hired for the expansion, probationers and unconfirmed personnel, (who have been recently hired), will have to be released. As a first step, around 800 flight attendants, recently recruited for the planned expansion program, which has now been suspended, have been released. We are in the process of releasing personnel in other categories also."

Reports out of India indicate the total number of job losses could surpass 1,900... including probationary and temporary workers, as well as cockpit crew and management positions.

The airline said all cuts would be directly tied to "the lower number of flights and seats offered" -- and stressed the layoffs had nothing to do with the announcement this week of a planned "alliance" with rival Indian carrier Kingfisher Airlines.

"We wish to clarify that the reconsideration of our operations has been ongoing for some time now and this adjustment in personnel numbers did not result from the planned alliance with Kingfisher Airlines. If at all, improved economies in other areas would help obviate such step in the future."

Despite Jet Airways' lamentations, the timing of the layoffs is curious, to say the least... especially given the fact both Jet Airways and Kingfisher stated their alliance would "significantly rationalize and reduce costs... with immediate effect." 

And nothing cuts costs quicker than job layoffs.

FMI: www.jetairways.com

Advertisement

More News

Aero-News: Quote of the Day (05.09.24)

"Fly-by-wire flight, coupled with additional capability that are being integrated into ALFA, provide a great foundation for Bell to expand on its autonomous capabilities. This airc>[...]

ANN's Daily Aero-Term (05.09.24): Hold Procedure

Hold Procedure A predetermined maneuver which keeps aircraft within a specified airspace while awaiting further clearance from air traffic control. Also used during ground operatio>[...]

ANN's Daily Aero-Linx (05.09.24)

Aero Linx: B-21 Raider The B-21 Raider will be a dual-capable penetrating strike stealth bomber capable of delivering both conventional and nuclear munitions. The B-21 will form th>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC