Friday, November 30, 2012

KFA pilots approach if not paid salaries DGCA today

AFP

The pilots threat comes after the management, representing the employees that their salaries for three months, from the seven months, will be paid in instalments by Diwali had insured.

The airline, which since 1 October after his pilots and engineers went on strike demanding payment of dues a flight ban, has the flying license temporarily lost.

However, the airline may convince the workers against their agitation assure them that their dues of three months (March to may) will be released in three instalments by Diwali.

On 24 October the agitation was then cancelled.

Meanwhile, a highly placed DGCA official told PTI, "payment of salary is an internal issue that the management and the workers will need to figure out themselves. Our concern is safety and we already have temporarily suspended the airline flying license on this count. "

The official, however, said that these issues certainly will be taken into account, when the airline submits its revival plan.

"The employees must approach the competent bodies such as the labour court or other such institution to get the problem solved," he added.

The airline was told by the aviation regulator that the license be repealed only when it submits a comprehensive revival plan and after taking the views of the stakeholders.

Kingfisher is since 1 October is grounded and on 19 of the same month, the regulator suspended its flying license.

The airline has a bank credit of Rs 7,000 crore and unpaid interest since January this year, more than Rs 10,000 crore apart of cumulative losses since its launch in May 2005.

The 17 lenders, led by the State bank, had set a deadline of 30 November to bring in additional capital infusion amounting to at least Rs 5,000 crore as a condition to consider the airline request for more working capital loan.

However, as of now there is no word from the company about the bankers demand.

PTI

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