With Go First's fate up in air, staff head for exits
Mint Mumbai|May 04, 2023
Pilots and cabin crew are heading to rivals Air India, IndiGo and Akasa
Anu Sharma, Devina Sengupta
With Go First's fate up in air, staff head for exits

Employees of Go First airline, which filed for bankruptcy on Tuesday, are wasting no time seeking new job opportunities as rival airlines expand operations, unlike employees of grounded Jet Airways, who held on to the futile hope of a revival for more than four years.

Adding to the uncertainty surrounding Go First’s future, parent Go Airlines (India) Ltd has fallen behind on salary payments, with its 5,000 employees receiving March’s pay as late as the end of April.

“I have seen how some of my pilot friends were hopeful of Jet Airways’ resumption even when the writing was on the wall. They wasted a lot of time waiting and were not satisfied with the jobs they got later," a GoFirst pilot said, requesting anonymity.

Esta historia es de la edición May 04, 2023 de Mint Mumbai.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición May 04, 2023 de Mint Mumbai.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE MINT MUMBAIVer todo
Mint Mumbai

Quick Edit: The market's green role

The world needs to bend its rising curve of carbon emissions, a goal that's proving elusive. Adding to the challenge, US climate policy is likely to flip back into neglect mode next year.

time-read
1 min  |
November 18, 2024
Growth shouldn't suffer for want of a market fix
Mint Mumbai

Growth shouldn't suffer for want of a market fix

Packaged food companies should drive a food-processing revolution and run a campaign for substitution of fresh-veggie demand. It'll crush price volatility and open up space for rate cuts

time-read
2 minutos  |
November 18, 2024
Mint Mumbai

We should reform import tariffs to boost Make in India!

Tariff reforms to resolve duty inversions can arrest the 'cost competitiveness leak' of Indian manufacturing

time-read
3 minutos  |
November 18, 2024
Trying to quantify everything may worsen human decisions
Mint Mumbai

Trying to quantify everything may worsen human decisions

'Quantification fixation' is real—and we should learn to resist it

time-read
3 minutos  |
November 18, 2024
Hope has sprung anew amid the thick haze hovering over COP-29
Mint Mumbai

Hope has sprung anew amid the thick haze hovering over COP-29

The climate summit has seen rules being ratified for a carbon market, progress on finance and high corporate participation

time-read
3 minutos  |
November 18, 2024
Trump's return is set to send the world scouting for fresh options
Mint Mumbai

Trump's return is set to send the world scouting for fresh options

His confrontational stand on issues will ruffle feathers and make nations review their alignments

time-read
3 minutos  |
November 18, 2024
Mint Mumbai

Why national pride has not helped clean up Delhi's air

A sense of shame was expected to get it done. That hasn't worked. Do we lack the will and talent?

time-read
4 minutos  |
November 18, 2024
Mint Mumbai

SEBI CAN DO MORE TO DISSUADE RETAIL F&O SPECULATION

A recent Securities and Exchange Board of India (Sebi) report highlighted the significant losses individual traders have incurred in the equity futures and options (F&O) segment between FY22 and FY24.

time-read
3 minutos  |
November 18, 2024
Mint Mumbai

Is filing ITR in old regime still valid?

I am with the Indian Army. Until last year, we received Form 16 under the old tax regime, including allowances such as HRA, travel and uniform.

time-read
1 min  |
November 18, 2024
Avoid common mistakes in NRO, NRE accounts: A guide for NRIs
Mint Mumbai

Avoid common mistakes in NRO, NRE accounts: A guide for NRIs

Tips on using NRE and NRO accounts to effectively manage funds, repatriate money and remain tax-compliant

time-read
5 minutos  |
November 18, 2024