Jet Airways employees protest at Jantar Mantar to receive part of salary

The employees of Jet Airways have organized a protest on Tuesday at Jantar Mantar, demanding to release a part of their salary till completion of the insolvency resolution process, according to news agency ANI. The National Company Law Tribunal (NCLT) will hear the ongoing insolvency case of the airline on August 10.

Delhi: Jet Airways employees hold a protest at Jantar Mantar, demanding to release a part of their salary till completion of the insolvency resolution process. National Company Law Tribunal (NCLT) to hear the ongoing insolvency case of the airline on August 10. pic.twitter.com/OTtx2MtjK8

— ANI (@ANI) August 6, 2019

Jet has been suffering bruising competition from low-cost airlines, fluctuating crude prices and a weak rupee. The airline has over one billion dollars in debt and has to repay money to banks, lessors of planes and suppliers besides clearing pending salaries of pilots and other staff.