Kingfisher Arlines management threatens pilots of shutdown

Mumbai: For the first time since its troubles began, the Kingfisher Airlines management has threatened a shutdown at a meeting with its pilots in Mumbai. CEO Sanjay Aggarwal made the statement on Thursday in response to the pilots' stand that they may refuse to operate flights if they are not paid their salaries. Despite the warning, a majority of Mumbai-based pilots called in sick on Saturday, but the curtailed flight operations were not affected.
To add to the airline's woes, the service tax department has frozen its 40 bank accounts for the fourth time in the last four months. The airline, which owes Rs 40 crore to the department, failed to meet the February 29 deadline for payment of dues. The Kingfisher spokesperson did not comment.
Despite all its problems, the airline's CEO put up an "arrogant front" during Thursday's meeting and was non-committal on clearing salaries that have been withheld for three months now, said a source.
04/03/12 Times of India

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Categories: Kingfisher Mar 2012