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Kingfisher promises May salary by 15 Nov 2012




Kingfisher Airlines has assured its Employees that May salaries will be paid by Thursday, an airline staff member said.

This is even as a section of the airline’s employees said they would decide on their future course of action after Saturday, in case May salaries were not credited by then.

Some employees claimed that a technical glitch in a private sector bank was the reason behind the cash-strapped airline being unable to keep its promise of paying May salaries before Diwali.

Airline officials were unavailable for comments on when the over 4,000 employees of the airline would be paid their May salaries.

Keywords: Kingfisher Airlines employees, salary dues to employees, May salary to Kingfisher employees
















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Kingfisher promises May salary by today
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Kingfisher Airlines has assured its employees that May salaries will be paid by Thursday, an airline staff member said. This is even as a section of the airline's employees said they would decide on their future course of action after Saturday, in case ...
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Kingfisher (LON: KGF)'s stock had its “outperform” rating reiterated by investment analysts at Sanford C. Bernstein in a note issued to investors on Wednesday. They currently have a $5.63 (355 GBX) target price on the stock. Kingfisher opened at 283.60 ...
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KINGFISHER PLC : Head of Net Positive: Energy & Innovation
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We haven't found all the answers that will get us there, but we have identified four focus areas - timber, energy, innovation, communities - where we believe Kingfisher can have the most impact, and we have set ourselves some stretching ambitions and ...
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Mallya and Macbeth
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The saddest part of Kingfisher Airlines' danse macabre that we have seen over the last one year is the squandering of a rich legacy. Whatever the financial merits of Vijay Mallya's decision to sell a majority stake in United Spirits Ltd, it marks a sad ...
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Livemint
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Liquor baron Vijay Mallya's $2.1 billion deal to sell a stake in United Spirits Ltd could throw a lifeline to his grounded Kingfisher Airlines, although pulling the carrier back from the brink will not be easy. The flamboyant "King of Good Times" is ...
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Chandigarh Tribune
Dark Diwali for Kingfisher staff
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Troubles seem far from over for employees of Kingfisher Airline. 3,000 employees of Vijay Mallya's near-bankrupt airline were not paid their Diwali salaries, which have been due since May 2012. Last month, the company's management had reached a ...
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NitiCentral
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According to this year's research, the top ten performers were Marks and Spencer, National Grid, Aviva, RSA, BSkyB, BT Group, Hammerson, Sainsbury's, Whitbread,Kingfisher and Pearson. The publishing sector and media and advertising sector were...
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