Jet Airways India has decided to let go of 72 expatriate pilots in an effort to cut costs, the Economic Times newspaper reported. The report said Jet sent termination notices to a section of foreign pilots last week.
"We are reducing the level of operations for the monsoon season [as we do every year], and speeding up the process of training qualified Indian pilots from co-pilots to captains," the report quoted Jet chief executive Nikos Kardassis as saying.
"We are also looking to recruit qualified Indian pilots available in the market at the moment."
Jet employs 183 foreign pilots, the highest number among Indian carriers.