New Delhi: Cash-strapped Air India and Kingfisher are fast becoming flashpoints with unpaid employees and vendors. Last week, a Rs 15-crore cheque issued by Kingfisher to Airports Authority of India (AAI) bounced following which the state-run airport operator put the airline back on daily cash-and-carry.
Since this move threatened to completely disrupt Kingfisher's schedule that is already feeling the heat with pilots quitting, AAI started accepting some part payment but has called airline top brass to make its stand clear on the over Rs 200 crore dues now. The airline did not offer comment on this issue.
AAI's dues from AI, on the other hand, are now inching to the Rs 1,000-crore mark with the figure climbing to Rs 950 crore, said a senior official . While being a sister public sector unit run by the same parent aviation ministry, AAI can do nothing about AI.
The Maharaja's long unpaid employees, however, are now seething with anger and the airline may well be headed for a serious round of industrial action due to the government's complete failure in undoing the damage its controversial decisions caused to AI-IA combine earlier.
08/11/11 Saurabh Sinha/Economic Times
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