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Jet Airways (India) Limited, trading as Jet Airways, was an Indian airline based in Delhi, with a training and developmental centre in Mumbai. Incorporated in April 1993 as a limited liability company, the airline began operations as an air taxi operator in 1993. It began full-fledged operations in 1995 with international flights added in 2004.
In his film Capitalism: A Love Story, director and film producer Michael Moore profiled how little most regional pilots are paid in the first few years of their careers. Although the industry average starting pay is around $21 per flight hour, hourly wages for regional pilots start at $12.50 an hour. [12]
The pay-to-work program [1] — mostly referred to as "pay-to-fly" [2] or "p2f", also known as "self-sponsored line training" [3] —is an aviation industry practice whereby a professional pilot operates an aircraft on revenue-earning commercial operation [4] by paying for it. [5]
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Naresh Goyal (born 29 July 1949) is an Indian businessman who is the founder and Chairman of Jet Airways. [4] He started operating Jet Airways in 1993 with initial seed money from Tail Winds incorporated, Isle of Man. [5] Following the 2005 IPO of Jet Airways, Forbes magazine declared him the 16th richest person in India, with a net worth of US ...
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