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Jet airlines on Monday took the U-turn and reinstated all 1,900 employees, who were laid-off on Saturday. There was huge uproar against the decision across the country. The experts believe that it was not due to the credit crunch crisis in US, but due to the soaring fuel prices. The Indian aviation industry is sliding towards recession, due to cut throat competition among the low carrier operators. Aviation Minister said the aviation sector does not need bailout package, but the need of the hour is chalking out the proper strategy to get out of the trap of depression laid by themselves.