{"id":59097,"date":"2019-04-14T10:47:55","date_gmt":"2019-04-14T10:47:55","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=59097"},"modified":"2019-04-14T10:47:56","modified_gmt":"2019-04-14T10:47:56","slug":"jet-pilots-engineers-joining-spicejet-at-30-50-pay-cut","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/jet-pilots-engineers-joining-spicejet-at-30-50-pay-cut\/","title":{"rendered":"Jet pilots, engineers joining SpiceJet at 30-50% pay cut"},"content":{"rendered":"\n<p><strong>Low-cost carrier and top rival SpiceJet appears to be making the most of the crisis at Jet Airways.<\/strong><\/p>\n\n\n\n<p>Spicejet\n is now hiring engineers and pilots at much lower pay than their current\n salaries at the financialy-troubled Jet.&nbsp; pilots from Jet Airways are \nbeing asked to take salary cuts of 25-30 per cent, while engineers have \nbeen advised to settle at 50 per cent of their current pay package.Not \nlong ago, many airlines, including SpiceJet, were luring the same pilots\n and engineers with joining bonuses and better perks.\u201cThe prospect of \nclosure is certainly one of the reasons for professionals agreeing to \ntake salary cuts. But average salaries at Jet Airways have also been \nhigher than the industry level,\u201d a top aviation source said.<\/p>\n\n\n\n<p>\u201cThe\n offer is much lower. It will certainly be a forced choice. We are \nhoping that some investor would take over Jet and our salaries will \nremain protected,\u201d he said.A SpiceJet executive said that the budget \ncarrier was offering salaries based on their own structure and not the \nhighly inflated one paid by Jet Airways.A senior commander with Jet \nAirways said that pilots with 4-5 years of experience are going to other\n airlines as they are feeling the pinch of salary delays.<\/p>\n\n\n\n<p>\u201cThey \nhave loans and other financial commitments so they are looking for \nplaces where there is certainty of jobs and timely salary payment. Not \nmany senior level pilots have so far left Jet Airways. They are \nreluctant to go to either SpiceJet, IndiGo or Air India Express as they \nfeel their seniority and salary will be impacted. They do not want to \nsign 3-5 year bonds,\u201d he said.The flying veteran noted that many \nco-pilots who do not have much experience generally get about Rs 2.9 \nlakh salary month at Jet Airways, and they are willing to join other \nairlines for even less than Rs 2 lakh a month.<\/p>\n\n\n\n<p>Apart from Jet \nAirways, among airlines plying domestic routes, only Air India Express \nand SpiceJet operate Boeing fleets. Those operating Airbus aircraft fear\n huge conversion costs for both pilots and engineers and are, thus, \nreluctant to hire the technical personnel from Jet.<\/p>\n\n\n\n<p>\u201cWe will have\n to train them for flying and maintenance of Airbus aircraft. In case of\n pilots, it will need six months of training while for engineers the \nreskilling would take 3-4 months. This means the salary for entire \ntraining period will be a huge cost for us,\u201d said an executive of a \nprivate airline operating Airbus planes.But aviation experts feel that \nthe current situation is temporary and it will be normalise once Jet \ngets back on its feet.\n\n<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Low-cost carrier and top rival SpiceJet appears to be making the most of the crisis at Jet Airways. Spicejet is now hiring engineers and pilots at much lower pay than their current salaries at the financialy-troubled Jet.&nbsp; pilots from Jet Airways are being asked to take salary cuts of 25-30 per cent, while engineers have [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":59098,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-59097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/59097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=59097"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/59097\/revisions"}],"predecessor-version":[{"id":59099,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/59097\/revisions\/59099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/59098"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=59097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=59097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=59097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}