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Jet says cannot fund mediclaim for employees anymore

PW Bureau

In a letter to its employees, airline Chief People Officer Rahul Taneja said that the airline had to take this decision because it is still waiting for an emergency funding

New Delhi: Ending days of uncertainty over the extension of the Mediclaim policy granted to its employees, financially battered Jet Airways finally said that it will not be able to fund the premium of Group Mediclaim Policy and asked its employees to choose a medical cover of their choice. In a letter to its employees, airline Chief People Officer Rahul Taneja said that the airline had to take this decision because it is still waiting for emergency funding from its lenders.

“In the absence of any emergency funding from the lenders or any other source of funds forthcoming in the near future, we find ourselves facing a situation where we are not able to fund the premium of our Group Mediclaim Policy,” Taneja said in the letter.

Mediclaim policy lapses on April 30 midnight

While pointing out that the Group Mediclaim Policy lapses on the midnight of April 30, Taneja said, “These circumstances are not of our doing and much as we would wish to do things differently, we are left with little choice.”

‘Efforts to revive Jet are on’

Taneja also assured the employees that efforts are on to revive the airline. “I must also state that we have not yet given up on our efforts and continue to engage with the lenders and support them in the bid process. We are working with them proactively to find opportunities to revive our beloved airline. As soon as we have more clarity on this matter, we will share the same with you,” he said.