Aviation
Take 10 days off a month, less pay, or leave: Jet Airways to junior co-pilots
![Jet Airways](https://jetlinemarvel.net/wp-content/uploads/2017/07/img_2522.jpg)
NEW DELHI: Jet Airways has asked several of its pilots to take 10 days off a month from August 1, a move that will effectively mean at least 30 per cent salary cut for them. And Jet has virtually told these pilots to leave the airline if they do not accept this option. Their choice has to be informed to the airline by end of this month. The number affected by this cost-cutting move is reported to be over 320 junior co-pilots.
Jet Airways’ letter to these pilots says: “As a valuable asset to the company, we would like to ensure your continued employment while simultaneously balancing our cost structure. As an interim measure, we shall be offering you a Lifestyle Work Pattern which entails 10 days block off per month with the appropriate remuneration. This will be effective August 1.”
“In case you do not wish to accept the above terms and desire to seek alternate opportunities, within the industry or outside, you may revert by July 31, 2017. In such a case, we shall assist you by facilitating the necessary formalities as may be required,” the letter says.
A Jet Airways spokesman said: “Jet Airways continues to remain committed to all its employees which includes crew members and trainees, who are essentially a part of the Jet family. However, certain developments in the market, including that of the Gulf region, as well as our continued efforts to enhance internal efficiencies, has resulted in the review of our network, fleet and crew utilisation. Consequently, as a proactive measure, the company has made interim alignments to its crew work patterns, which will be reviewed in future, in line with network growth.”
Jet’s cost-cutting move comes at a time when most domestic airlines are doing well due to low crude oil prices and booming aviation in India. Jet is reportedly in talks with a number of international companies, including airlines, for funding. Abu Dhabi’s Etihad has a 24 per cent stake in Jet.
Courtesy: Times of India
![](https://jetlinemarvel.net/wp-content/uploads/2024/02/600x100-1.webp)
Aviation
Boeing, Antonov to Collaborate on Defense Projects
![Boeing, Antonov to Collaborate on Defense Projects](https://jetlinemarvel.net/wp-content/uploads/2024/07/Volga-Dnepr_Antonov_An-124-100M-150_and_Cubana_Ilyushin_Il-96-300.jpg)
– MOU represents Boeing’s commitment to work with Ukrainian industry
– Includes exploring opportunities for collaborating on in-country support of Unmanned Aerial Systems
A Memorandum of Understanding was signed today by Boeing and Antonov Company to investigate potential collaboration on defense-related projects.
“We’re happy to keep collaborating with the Antonov Company to help Ukraine’s economic development and expansion,” stated Ted Colbert, CEO and president of Boeing Defence, Space, & Security.
Airbus and the Antonov An-225: The Best Partnership:Click here
“This agreement demonstrates our ongoing efforts to find more opportunities to work with Ukrainian industry, which was underscored by our signing of the Ukrainian Defence Industry Compact earlier this year.”
The areas of potential collaboration identified in the agreement consist of training, logistical support and overhaul services for tactical Unmanned Aerial Systems utilized by the Ukrainian Armed Forces, which includes the ScanEagle. In addition, the companies will also explore opportunities for Antonov to provide engineering support to Boeing.
The six largest cargo aircraft ever built in the aviation industry:Click here
“A strong, innovative, and efficient defense industry is key to sustainable economic development and national security, and we are extremely excited to collaborate with Boeing,” said Ievhen Gavrylov, CEO of Antonov Company.
This agreement brings a whole new level of opportunity to implement the latest and most effective solutions – in addition to the possibility of future projects with Boeing in the aerospace and defense industry.”
-
Travel1 week ago
Air India to Expand US Operations with Three New Routes After a Decade
-
Travel2 weeks ago
Why We Should Avoid These Stamps in a Passport
-
Airlines1 month ago
Investigations Reveal Fake Chinese Titanium in Boeing and Airbus Jets
-
Tech4 weeks ago
China’s CATL Plans 1,800-Mile Electric Plane Launch by 2027
-
Airport3 days ago
Top 10 Largest Airports in the World by Size
-
Aerospace4 weeks ago
China’s Fighter Jets Turn Wings into Autonomous Drones
-
Airlines4 days ago
Air India Rolls Out A350s for Delhi-New York JFK and Newark Routes
-
Defence3 weeks ago
Boeing Enhances Chinook with New Engines and Block II Upgrades at $96 Million