Tuesday, October 23, 2012

Govt can’t help Kingfisher: Ajit Singh

New Delhi: As good times come to an end for crisis-ridden Kingfisher, Civil Aviation Minister Ajit Singh stated here on Tuesday that the government cannot intervene and clear the airline’s dues.
Singh also maintained that paying salaries is not the only way out for Kingfisher to fly again.
"I think the Kingfisher problem is much bigger, even if they pay the salaries today, are they going to take off and fly? I don`t think so. They have to give a very viable, financially sound plan, that they can maintain the schedule that they can pay the taxes that they can pay the oil companies for the ATF they use, they can pay the airport authorities, how about the banks?", said Aviation Minister.
Meanwhile, the management’s offer of payment of three months’ salary met with rejection by a section of employees, prolonging the 23-days impasse at the private airline.
23/10/12 ZeeNews
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