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Has Kingfisher Airlines pushed forward its plans to restart operations to the end of November?
While officials declined to comment on the issue, Kingfisher sources claim the airline booking system has cancelled all flights till November 26.
Before the Directorate General of Civil Aviation suspended the Airline’s licence on October 20, Kingfisher had announced that it would start taking bookings from November 6.
In effect, what the latest development means is that the airline booking system is not taking any bookings from passengers who might want to book flights from November 6 onward.
The airline declared a lock-out on October 1, after engineers refused to certify the aircraft, a requirement before any flight can depart. The engineers, like other employees, were protesting non-payment of salaries for seven months.
In an effort to end the impasse the company management paid March salaries recently. Furthermore, by late evening on Wednesday, the airline had started disbursing April salaries to its staff. The airline’s management has given its assurance that the May salary will be credited before Diwali, on November 13.
On Tuesday, the airline promoter Vijay Mallya met with K.N. Shrivastava, Secretary, Civil Aviation, in Delhi and said that Kingfisher was working on a revival plan.
At the meeting Dr Vijay Mallya did not say from where funds for recapitalisation of the airline would come from or by when the airline will restart flights. The airline has been facing a severe financial crisis with banks together having an exposure of nearly Rs 7,000 crore in the airline. The airline used to operate over 400 flights a day to domestic and international destinations at the start of the year.
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.
Has Kingfisher Airlines pushed forward its plans to restart operations to the end of November?
While officials declined to comment on the issue, Kingfisher sources claim the airline booking system has cancelled all flights till November 26.
Before the Directorate General of Civil Aviation suspended the Airline’s licence on October 20, Kingfisher had announced that it would start taking bookings from November 6.
In effect, what the latest development means is that the airline booking system is not taking any bookings from passengers who might want to book flights from November 6 onward.
The airline declared a lock-out on October 1, after engineers refused to certify the aircraft, a requirement before any flight can depart. The engineers, like other employees, were protesting non-payment of salaries for seven months.
In an effort to end the impasse the company management paid March salaries recently. Furthermore, by late evening on Wednesday, the airline had started disbursing April salaries to its staff. The airline’s management has given its assurance that the May salary will be credited before Diwali, on November 13.
On Tuesday, the airline promoter Vijay Mallya met with K.N. Shrivastava, Secretary, Civil Aviation, in Delhi and said that Kingfisher was working on a revival plan.
At the meeting Dr Vijay Mallya did not say from where funds for recapitalisation of the airline would come from or by when the airline will restart flights. The airline has been facing a severe financial crisis with banks together having an exposure of nearly Rs 7,000 crore in the airline. The airline used to operate over 400 flights a day to domestic and international destinations at the start of the year.
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| Kingfisher Airlines seeks more time to submit revival plan: Sources TravelBizMonitor Cash-strapped Kingfisher Airlines Ltd, which is yet to pay part of salaries to its employees, has sought more time to submit a comprehensive revival plan to the Directorate General of Civil Aviation (DGCA), as per a PTI report. The beleaguered carrier ... See all stories on this topic » | ||
| Kingfisher Seeks More Time To Submit Comprehensive Revival Plan RTT News Debt-ridden Kingfisher Airlines that is yet to pay part dues to its employees has asked for more time to submit a comprehensive revival plan to the aviation regulator Directorate General of Civil Aviation or DGCA to get the suspension of its flying ... See all stories on this topic » | ||
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| Kingfisher may fly again from month end Hindu Business Line New Delhi, Oct. 31: Has Kingfisher Airlines pushed forward its plans to restart operations to the end of November? While officials declined to comment on the issue, Kingfisher sources claim the airline booking system has cancelled all flights till ... See all stories on this topic » |
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