‘Hands are tied... Can't sleep at night’: Despair over jobs as Jet Airways grounded

Agencies
April 19, 2019

New Delhi, Apr 19: Bhoja Poojari has handled baggage for India's Jet Airways Ltd since it began flying nearly 26 years ago. Now, like many other Jet employees, he fears for the future as the debt-laden airline descends into crisis.

"If this continues, I do not know what to do," said the 53-year-old father of two, who has not been paid in nearly two months and may be forced to sell his house.

"I feel like my hands are tied and I can't sleep at night," Poojari told Reuters. "I haven't told my children anything. They are very young, but they know something is wrong."

Thousands of employees have been stung by the rapid unravelling of Jet Airways, which, saddled with more than $1.2 billion in bank debt, grounded all its planes on Wednesday after lenders rejected a plea for emergency funds.

The shutdown has deepened the crisis as dues to lessors, staff and suppliers pile up and lenders scramble to find a buyer for what was once India's largest private airline.
Jet Airways CEO Vinay Dube told employees on Wednesday that the sale would take time and could throw up more challenges, but he was confident the airline would fly again.

Failure would threaten more than 16,000 staff jobs and thousands more tied to the airline, which at its peak operated over 120 planes and more than 600 daily flights.

More than a dozen employees told Reuters they had gone two to four months without pay. Many grapple with unpaid bills, overdue home loans, school and tuition fees.

"We have stopped going out for movies, to restaurants or any other form of entertainment," said a Jet engineer, who is self-tutoring his children after cancelling private tuitions.

He is listed as a defaulter in his community for failing to meet his building maintenance fee payments. "It's a huge stigma for my family," he said, declining to be named.

'Save our family'

Hundreds of angry employees have protested in New Delhi and Mumbai, accusing management of leaving staff in the dark about the airline's worsening crisis.

"Management never gives us a clear picture," airline union leader Chaitanya Mainkar shouted during a protest at Mumbai's international airport on Friday where employees chanted slogans and waved posters that read "Save Jet Airways, Save Our Family."

Jet pilots appealed for intervention from Prime Minister Narendra Modi, who is facing wider criticism over the scarcity of jobs as he campaigns for re-election in polls now underway.

Last month, Modi asked state-run banks to rescue Jet Airways without pushing it into bankruptcy, averting thousands of job losses. But the airline never received the agreed stop-gap loan of about $217 million.

"At least now we know the talks about caring for employment, creating jobs is all an eyewash," Captain Asim Valiani, vice president of the National Aviator's Guild representing Jet pilots, told Reuters after the shutdown.

"I've been with Jet for 23 years and am shattered today. I don't know what I will tell our pilots," he said, adding the guild would take the airline to court to seek unpaid wages.

Murky future

Jet Airways has lost key employees as the crisis unfolded.

About 400 pilots have moved to other airlines, leaving Jet with about 1,300 pilots, said a senior Jet pilot. About 40 engineers have also left, a senior engineer said.

Some veteran employees remain loyal to the airline and hope it can be restored to its former glory.

"I have worked here from the beginning - first day, first show," said Anil Sahu, a 50-year-old baggage handler with 25 years of service.

"Even after all of this, we have trust in Jet. It's a tsunami that has come, but we hope everything will return to normal," he said.

Other senior employees like Poojari say they will struggle to find work if the airline fails.

"If I had quit earlier there was still a chance of moving on, but after 26 years and having crossed 50 (years of age), where will I find a job?"

Comments

Ahmed
 - 
Saturday, 20 Apr 2019

BJP Pm  alredy informed do PAKODA business lets start MODI PAKODA , SHA PANIPRUI YOGI BEEF FRY ,JATLEEY KCIHDY ,AMABANI BEEF BIRYANI,ADNANI GOBI manchurry SMITHA IRANI fried rice ARONB FORK FRY ...

Abdul basheer
 - 
Saturday, 20 Apr 2019

 BJP slogon they say when congress in ruled  indian not developed  after CHOWKIDAR sit in PM seat jetairways flight grounded all employers lost thier job and carriers NOW modi bhakta whom to blame bank looted BSNL employer not get salary from 6 months airport sold to modi friend ADNANI group HAL gifted  to ANIL AMBANI if next CHOWIKAR sit in Pm seat indain will sold to all gujrathi ...indian capital shifted to gujarath delhi changed to MODI NAGAR indian name changed to MODISHA DESH 

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News Network
June 9,2020

New Delhi, Jun 9: Petrol price on Tuesday was hiked by 54 paise per litre and diesel by 58 paise a litre - the third straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to Rs 73.00 per litre from 72.46, while diesel rates were increased to Rs 71.17 a litre from Rs 70.59, according to a price notification of state oil marketing companies.

This is the third daily increase in rates in a row. Oil companies had on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

Prices were raised by 60 paise per litre each on both petrol and diesel on Sunday as well as on Monday. In all, petrol price has gone up by Rs 1.74 per litre and diesel by Rs 1.78 a litre in three days.

Oil PSUs - Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) - had put daily price revisions on hold soon after the government on March 14, hiked excise duty on petrol and diesel by Rs 3 per litre each.

Oil companies did not pass on that excise duty hike, as well as the May 6 increase in tax on petrol by Rs 10 per litre and Rs 13 a litre hike on diesel by setting them off against the decline in retail prices that should have effected to reflect international oil rates falling to two-decade low.

International rates have since rebounded and oil companies having exhausted all the margin are now passing on the increase to customers, an industry official said.

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Agencies
January 24,2020

New Delhi, Jan 24: The Election Commission of India on Friday told the Supreme Court that its 2018 direction asking poll candidates to declare their criminal antecedents in electronic and print media has not helped curb criminalisation of politics. The poll panel suggested that instead of asking candidates to declare criminal antecedents in the media, political parties should be asked not to give tickets to candidates with criminal background.

A bench of Justices R F Nariman and S Ravindra Bhat asked the ECI to come up with a framework within one week which can help curb criminalisation of politics in nation's interest.

The top court asked the petitioner BJP leader and advocate Ashiwini Upadhyay and the poll panel to sit together and come up with suggestions which would help him in curbing criminalisation of politics.

In September 2018, a five-judge Constitution bench had unanimously held that all candidates will have to declare their criminal antecedents to the Election Commission before contesting polls and had called for a wider publicity, through print and electronic media about antecedents of candidates.

Comments

Satya Vishwasi
 - 
Saturday, 25 Jan 2020

What about those criminals who were already in parliament and vidahan sabhas? shall the ECI cancel their positions?

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Agencies
April 14,2020

Kochi, Apr 14: Reacting to the extension of the nationwide lockdown till May 3, Kerala Finance Minister Thomas Issac on Tuesday maintained that his state needs money more than appreciation for the work it has done to mitigate the impact of the lockdown and contain coronavirus spread.

"The only additional money that Kerala received is mere Rs 230 crore and that too for Covid-19 work. The funds we received to tide over revenue deficit is different -- we would have got it anyways," said Issac, who has been demanding more liberal financial assistance from the Centre.

"The need of the hour now is for the Centre to immediately hold a videoconference meeting with all state Finance Ministers. The Centre should borrow more money from the RBI and give it to the states. Otherise, things will be very bad, as the economy, especially rural economy, is tumbling. It needs to be checked," said the Kerala Minister.

Devasom and Tourism Minister Kadakampally Surendran said the state Cabinet will meet on Wednesday to decide how to go about things till May 3.

"The coronavirus figures reveal that Kerala has done quite well. The Cabinet will decide on how we move forward after looking into the guidelines of the Centre," said Surendran.

Local Self Government Minister A.C. Moideen said that local farm produce has to reach markets as rural economy revolves around this. The Cabinet will look into this issue as well.

Health Minister K.K. Shailaja stressed the need for maintaining social distancing and asked all to see that the lockdown guidelines were strictly followed.

"Our advantage is that we have been able to contain the spread, but we still have a long way to go. Singapore is the best example -- after a slowdown in positive cases, it picked up there. So, let us all continue to maintain strict vigil and wait till Wednesday's Cabinet meet," said Shailaja.

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