Kingfisher Airlines
CORPORATE/AVIATION Kingfisher Airlines lifts lockout: agrees to pay 4-month salary dues Oct 26, 2012 The 25-day impasse at Kingfisher Airlines ended with the management lifting the lockout and agreeing to pay four month salary dues to the striking employees. Kingfisher Airline CEO Sanjay Aggarwal told this to reporters in New Delhi on Thursday after holding separate meetings with striking pilots and engineers at the airport. He said, all the employees will resume work immediately including the pilots and engineers. In Thursday’s meeting it was decided that the March salary would be paid within 24 hours, April salary by October 31st, May dues before Diwali in mid-November and June salary by December end. The salary dues from July to September would be paid by March next year after recapitalisation of the airline. The management also withdrew its circular asking the staffers to give a written undertaking before resuming duty.