Oct 15, 2008

Jet cuts 1,000 jobs, KF rethinks orders

Source Link

Riding the strength of its alliance with Kingfisher
Airlines, another private carrier Jet Airways has laid off up to 1,000
employees to rationalise its operations, while Kingfisher is rethinking
over the order placed for the new aircrafts.brbrThe entire force of
unconfirmed staff is being laid off on a 30-day compensation package, a
top Jet Airways official, who did not want to be named, told news
agencies.brbrThe staff, which has been retrenched is from all across
the operation and letters severing their services, were given
yesterday, he said.brbrHowever,

Categories: Business, Capital Market, Corporate News, Economy, India, Industry, Inflation, International Business, International News, USA