"Banks Unable To Make Salary Commitments:" Jet Airways CEO Vinay Dube To Employees

Grounded Jet Airways' chief executive officer, Vinay Dube, told the cash-starved airline's staff that its group of lenders are unable to make any salary commitments until after the bidding process is complete. In a letter addressed to Jet Airways employees, Mr Dube wrote: "We have told them (banks) repeatedly that our employees are facing grave hardships owing to non-payment of their salaries and that if this were to continue any longer, our employees will have no option but to find employment elsewhere."