Dr Vijay Mallya, who once was known as "King of Good Times", may face real
trouble in the near future. Kingfisher Airlines (KFA) employees have threatened
to approach Directorate General of Civil Aviation (DGCA) if their due salaries are
not paid by Friday, Nov 30.
The CEO of the grounded Kingfisher Airlines Sanjay Aggarwal along
with Mallya had vowed to pay their salaries before Diwali. However, even after
festival of lights, employees of the airline are left in dark as management has
failed to pay their salaries.
The Kingfisher Airlines has been grounded since Oct 1, 2012 after its engineers
and pilots went on strike demanding their long-pending wages. According to the
settlement between the management and employees of Kingfisher, employees were
expected to receive Apr salaries by Oct 31 and May salary by Nov 12.
The management also had promised to pay salaries for the months of June-September
when the company is recapitalised. The airline officials had also said that the
company will pay salaries a month late from October.
The airline is looking at resuming operations by the third or fourth week of December, if the regulator revokes the suspension of its licence and allows it to fly.
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A real King :-)
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