Grounded Jet Airways personnel’ hardships and economic woes are growing through the day. If it’s miles, any measure of worsening the staffers’ finances, a surprisingly paid pilot is prepared to promote off his steeply-priced racing motorbike to meet the obligations.
Technical employees transferred to other towns and rostered for duty are pressured to take trains to go to their own family as no flights are to be had for the tour. Unable to maintain any further, those in determined want of cash are sending out SOS to closed WhatsApp corporations and have begun to apply their social capital. “I was given a call this morning from a fellow pilot who has determined to promote his luxurious motorbike. Many human beings are progressively locating it hard to meet the everyday charges,” stated Captain Asim Valiani, Vice President, National Aviator’s Guild.
A senior engineer, who has been with Jet Airways for over 15 years now, said that many of his colleagues have been going through an acute financial problem. He mentioned the case of a colleague who sent a request to many of his colleagues for arranging a price range to fulfill the wedding costs of his sister’s closing week. “Last month, we amassed cash for the remedy of a colleague’s son. Despite the payments walking into lakhs, the boy couldn’t be saved,” he said. Another staff member who requested anonymity given the airline’s gag order stated that one of his colleagues inside the engineering department was earlier transferred to Mumbai from Delhi; however, because of the postponement in revenue, he was not able to pay his rent.
“He can not even take a flight as there’s none. Even educate tickets are not to be had. It is a tough situation,” the govt stated.
An airline insider stated that the lower-income brackets employees had been worse affected due to nil savings. Jet Airways had on Wednesday night suspended its operations indefinitely. The airline’s revival now depends on the success stake sale initiated by way of the State Bank of India (SBI). In a reputable assertion, the creditors led by way of SBI said they had been ‘fairly hopeful’ that the stake sale system could succeed and decide a fair fee for the organization. As per industry sources, non-public equity companies TPG Capital, Indigo Partners, National Investment and Infrastructure Fund (NIIF), and Etihad Airways are inside the race to buy a stake within the grounded service.
QuikrBikes allows humans to buy and sell all motorbikes styles under the enterprise’s Quikr Assured software, in which dealers can conveniently sell their bikes within an hour. Consumers can buy certified pre-owned bikes with complete consider backed with a Quikr guarantee Quikr, which now operates transaction marketplaces constructed on the pinnacle of online classifieds platform, QuikrBikes, a key part of its vehicle vertical, has reached 50 Bike Points across 12 Indian cities. QuikrBikes facilitates human beings buy and sell all styles of motorbikes beneath the enterprise’s Quikr Assured application, in which sellers can with no trouble promote their motorcycles inside an hour, and customers can purchase certified pre-owned motorcycles with full trust backed through a Quikr guarantee and the business enterprise’s financing answers. Those bikes’ consumers also experience the benefit of confident buyback using QuikrBikes at as much as eighty% of the bike’s value. Bike fans in Bengaluru, Pune, Hyderabad, Delhi, Gurgaon, Vijayawada, Nagpur, Ahmedabad, Lucknow, Baramati, Hubli, and Jaipur can now promote and purchase bikes underneath the imparting.
Under the Quikr Assured application, QuikrBikes identifies the motorcycles indexed on its platform that meet its bike acquisition standards across 29 checkpoints and record verification. It sends those bikes for refurbishing, after which shows them at its Bike Points in addition to its virtual platform. The program gives shoppers trouble-unfastened carriers, alternatives to make payments without difficulty, confident buyback, and various motorcycle manufacturers inside various rate degrees to pick from. Commenting on the presenting, Quikr COO & Head of QuikrBikes, Atul Tewari, stated, “Since the launch of our certified bikes beneath this application, we have visible a number of a hobby for them amongst diverse age groups. The cost of vehicles offered through Quikr in our auto vertical has grown greater than five instances in much less than 18 months, and the commercial enterprise maintains to enlarge speedily. Depending on the geography and demand, we plan to open 3 or extra outlets in every metropolis we’re found in”.