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Pilots set deadline for Kingfisher management
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Print The pilots of Kingfisher Airlines on Sunday set a deadline for promoter Vijay Mallya to respond to their March 29 letter on delayed salaries. The pilots have threatened to sit on strike if Mallya does not meet them by 11:00 am on Monday.
The pilots and engineers of the private airline have allegedly not received their salaries for the last four months.
Sources said the pilots may write to the aviation watchdog, the Directorate-General of Civil Aviation (DGCA), saying that they are not in the state of mind to fly.
Most flights of the airlines summer schedule are also likely to be cancelled.
The airlines had on March 27 suspended operations to several cities as per a new holding plan and asked the staff to stay home till the time it manages fresh funding.
The airline’s international operations have already been suspended after the International Transport Association barred the carrier from its inter-airline clearing house and billing and settlement plan accounts on March 9 on account of non-payment of dues - a move akin to the Reserve Bank of India (RBI) removing a commercial bank from its currency clearing system.
The government last week said that it will not come to the private airline’s rescue if legal action is taken against it following the aviation regulator’s report on the carrier’s operational capability and flight safety.
The DGCA had earlier threatened to cancel the flying permit saying the airline was not maintaining schedules.
Kingfisher has a debt of Rs.7,057.08 crore. Its net loss widened to Rs.444.27 crore for the quarter ended on December 31, 2011, from Rs.253.69 crore in the October-December quarter in the last fiscal.
The carrier said it had paid Rs.44 crore towards TDS (tax deducted at source) dues, the deadline for which was March 27.
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