The aircraft was diverted to an area away from the city by a US Air Force Fighter Jet, after which it went down on Ketron Island. No passengers were on board the aircraft.
Naresh Goyal, the chairman and founder, spoke to the company's shareholders during the annual general meeting and said that he was unhappy as a lot of shareholders had lost their money amid Jet Airways' financial issues.
Jet Airways CEO Vinay Dube on Friday, August 3, said that the carrier wasn't facing issues and was consistently taking up several measures to cut costs without affecting the employees.
The pilots of Jet Airways are said to be livid about the 15 percent pay cut and have blamed the management for the losses the airline has incurred. They said that the management must not unilaterally impose a salary cut and added that it was their inefficiency that caused the trouble.