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Friday, 16 November 2012

Kingfisher Airlines pays May salary to Cabin Crew, low rung staff









The grounded Kingfisher Airlines on Friday started paying salary for the 
month of May to its lower level staff and some cabin crew while there was 
no word about salary dues of Pilots and Engineers. "Only cabin crew and low 
rung staff have received their May salary," pilots and engineers said, adding 
"we still have no word from the airline about our dues."
Dr Vijay Mallya-owned private carrier, which is on the edge of bankruptcy with its flying licence suspended, had committed that the salary dues till May would be paid by Diwali. As the management failed to meet its promise, employees representatives had threatened to chalk out action plan if they did not receive the May salary by November 17.
The regulator, Directorate General of Civil Aviation (DGCA) had suspended Kingfisher's flying licence on October 19 till further orders after a lockout and its failure to come up with a viable plan to revive the airline.

The bankers to Kingfisher have also warned the airline to arrange for more capital by November 30, though Mallya has denied any deadline issued by the lenders to his company. Kingfisher has accumulated losses of about Rs 9,000 crore as on September 30.




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