Wednesday, March 14, 2012

Vijay Mallya promises roadmap for Kingfisher in next few days

Hyderabad: Driven to the wall, Kingfisher promoter Vijay Mallya today said he had asked tax authorities to de-freeze bank accounts and promised to come up with a roadmap in the next few days to bring the ailing carrier back on track.
With Kingfisher being forced to curtail its flights, Mallya met pilots protesting delay in salary payments, claiming that their issues had been addressed.
"I have made a representation to the tax authorities (to get Kingfisher's accounts de-freezed). It is under active consideration," Mallya told reporters after a three-hour long meeting with the pilots in Delhi.
"In few days time, we will have crystal clear roadmap how Kingfisher will move ahead. Also, I have a meeting scheduled for tomorrow with IATA Secretary General... I hope issues will be resolved and we will come up with a firm schedule," Mallya said.
The cash-strapped carrier has been suspended for non-payment of dues by IATA from three of its crucial platforms which enable carriers to transact their businesses.
15/03/12 PTI/Daily News & Analysis
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment