Jet Airways told pilot union it will clear salary dues by April: Source


India's indebted Jet Airways Ltd told its pilot union on Thursday it will clear all salary dues by April and has given them a schedule outlining when the payments will be made, according to a source familiar of the matter. Jet Airways is facing financial difficulties and owes money to pilots, lessors and vendors.

The carrier and its second-largest shareholder Etihad Airways are in talks with Jet's bankers on a rescue deal that may involve the Abu Dhabi-based airline increasing its stake from 24 per cent. ALSO READ: Jet.

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