Private carrier Jet Airways has terminated the services of over 50 trainee engineers as part of its cost-cutting measures, the airline said on Saturday.
"As a part of our cost restructuring exercise and in order to meet the challenges of the downturn in the aviation sector, Jet Airways has found it necessary to issue notices of termination to trainee junior technicians," Ragini Chopra, a spokesperson of the airline, said in a statement.
"These personnel are on fixed term contracts and the notices are being issued in accordance with the terms of their contracts and in compliance with law. This trimming of the workforce has been necessitated by the ongoing rationalisation of the airline's operations," she added.
Jet Airways had posted a loss of over Rs.1,000 crore ($205 million) during the last fiscal. In October last year, the airline had sacked about 1,900 of its employees, but later took them back under pressure from the government.