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Friday, August 3, 2018

Jet Airways warns staff: Funds running out, can't fly beyond 60 days

Pilots who have refused a proposed 15 per cent pay cut for two years had been informed that the airline was running out of time to slash costs and raise revenue, the source said. The capital is looking for working capital loans but banks want the airline to show a turnaround commitment

from Times of India https://ift.tt/2n6tpur
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