New Delhi: Kingfisher Airlines, that is dealing with a strike by over 70 pilots presently, had some positive news on Friday. Chairman Vijay Mallya wrote to his employees assuring them that their long-overdue salaries would be disbursed starting Friday.
Nearly 72 pilots based in north India went on a mass sick leave on Thursday protesting non-payment of salaries since December, and were even trying to convince their counterparts in Mumbai to follow suit. Twenty four KFA flights have been cancelled sinced Thursday.
However, with the latest move by Mallya, there's some hope that the crisis will be solved soon. Kingfisher stocks went up by 3 per cent after the news.
11/05/12 CNN-IBN/IBN Live
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