Jet gives exit order to 50% Air Sahara staff

posted by   rajesh (104)   15 months ago (avindia.blogspot.com)

Mumbai: Jet Airways has almost halved the workforce of Air Sahara to 2,100 from 4,100 since its acquisition of the airline in April.After the takeover, Jet has renamed Air Sahara as Jetlite and positioned it as an airline offering low fares.Besides cutting staff, Jet has reduced costs by lowering lease rentals on aircraft owned by Air Sahara and rationalising the use of office space.Jet has also renegotiated certain contracts and services and reduced overhead costs.At a later stage, Jet plans to reduce handling, distribution and catering costs.Sources said most of