New Delhi: The fate of Kingfisher Airlines hangs by a thin thread which could well snap before the week ends, if lenders decide to pull the plug.
While this may bring some perverse relief to Chairman Vijay Mallya who seems quite uninterested in running the airline, employees fear a dark future. This prospect of no work and no assurance of getting any salary dues has propelled a handful of senior airline employees in Mumbai to suggest that Mallya allow them to run the company.
A senior pilot spoke to Firstpost at length about why employees would be better able to manage a debt-laden airline, infuse much-needed capital into it by roping in large business houses and how the “trust” factor would return when employees manage the company rather than when people like Mallya do.
But will this ambitious plan work? Employees, though optimistic and capable in their own lines of work, have little to show in terms of any concrete turnaround plan. Besides, why would Mallya agree to transfer operations to employees and thereby concede that he has been unable to run what was once the country’s largest airline by passengers carried?
15/01/13 Sindhu Bhattacharya/First Post.com
