The management of Jet Airways and the striking pilots reached an agreement late Saturday night after which the pilots decided to call off their five-day strike. The private sector airline operated 172 out of 365 domestic flights and 72 of the 74 international flights on Sunday with normalcy expected on Monday.
Jet Airways has announced a 50% discount on economy class fares on all domestic flights for three days. The discount would be applicable for all economy, no-frills service and Jet Connect flights.
In a nine-hour meeting between the airline’s management and the representatives of the striking pilots, they agreed to set up a ten-member consultative committee comprising five representatives of the management and a similar number from the pilot community. The management also decided to take back the four sacked pilots and assured the latter that no action would be taken against the pilots who had reported ‘sick’.
The pilots stated that the trade union, the core issue that led to the strike, would stay for time being and a final decision would be taken by the Registrar of Unions.
The airline is yet to take a stock of the loss suffered on account the five-day disruption in services. However, the management claimed that although they had lost huge ticketing revenue, it was able to save on variable costs – in terms of aviation turbine fuel and other related charges.