Thursday, June 27, 2013

Ex-pilots want closure of Kingfisher Airlines to clear salary dues

Bangalore: The beleaguered Kingfisher Airlines (KFA) further plunged into another crisis with ex-pilots approaching the High Court of Karnataka seeking closure of the firm to clear their salary dues estimated to be more than Rs.1.25 crore. The high court, which admitted their petitions, ordered issue of notice to KFA and adjourned the matter for further hearing.
Three pilots have filed separate petitions at the high court. According to one of the petitioners, captain Vikrant Pednekar, KFA owed him salary dues and benefits amounting to Rs.17.6 lakhs between 2007 and April 2012. "The company is commercially insolvent and it should be wound up in accordance with law to clear the salary dues," the petitioner said.
In another petition, captain Gautam Malhotra and captain Gaurav, claimed that the KFA owed them salary dues and benefits of Rs.49.3 lakhs and 66.81 lakhs respectively. According to them, the benefits, such as, overtime allowance, and provident fund contribution, has not been cleared.
27/06/13 Venu Dev/India Today