Wednesday, October 03, 2012

Kingfisher Airlines extends lockout till Sunday

New Delhi: Ailing Kingfisher Airlines on Thursday extended its partial lockout by another three days till Sunday as talks between its management and employees failed to end the deadlock over non-payment of salaries for last seven months.
The situation was further marred with the wife of one of its Delhi-based employees allegedly committing suicide, blaming financial stress due to non-payment of salary to her husband for five months.
The airline also announced in the National Stock Exchange that its Company Secretary, Bharath Raghavan, has quit the company.
In an internal note, the airline conveyed the management's decision to its staff of extending the lockout till October 7.
The striking pilots are now planning to move the labour court against the airline for failing to pay their backlog.
Kingfisher Airline CEO Sanjay Agarwal and Executive Vice President Hitesh Patel met Delhi-based staff, including engineers and pilots, to convince them to rejoin duty.
04/10/12 ZeeNews
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