New Delhi, Nov. 12:
Kingfisher Airline’s management has failed to live up to its promise of
paying employees their May 2012 salaries before Diwali.
Kingfisher employees told to Business
Line late
on Monday night that they had not been paid till 9 p.m. Kingfisher officials
were not available for comment.
The airline has been grounded since October 1 this year after engineers
refused to certify aircraft being fit to fly till they were paid seven months
back wages.
Eventually the airline Chief Executive Officer, Sanjay Aggarwal assured
the employees that they would be paid three months salaries — March salaries
immediately, April salaries within a week and May salaries before Diwali. While
the airline paid March and April salaries as promised, it had failed to pay May
salaries till the time of going to press. Incidentally, the failure to pay back
wages comes days after Kingfisher’s promoter, Vijay Mallya inked a deal with
British liquor major, Diaego Plc. After an open offer, the deal will involve a
total pay out of Rs 11,166.5 crore to Mallya’s United Spirits Ltd.
The airline has an accumulated debt of over Rs 8,000 crore and losses of
over Rs 9,000 crore.
On October 20, the Directorate-General of Civil Aviation suspended the
airline’s licence till the time that it submitted a concrete and reliable
revival plan ensuring safe, reliable, efficient and sustainable services.
http://www.thehindubusinessline.com/todays-paper/kingfisher-staff-fail-to-get-may-salary/article4091553.ece
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