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Kingfisher extends lockout; to meet staff on Monday again

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Press Trust of India Mumbai

Earlier in the day, the KFA management, led by Chief Executive Sanjay Aggarwal and HR head Hitesh Patel met the representatives of pilots and engineers for nearly three hours at the Shaw Wallace House in south Mumbai to iron out issues arising out of seven months of unpaid salaries.

According to some pilots, the management offered to pay one-month salary immediately to resume operations. But the employees have not accepted the proposal as of now.

We have agreed to meet again on Monday next, two pilots told PTI late in the evening after the meeting, which was described by both Aggarwal and employees as "very good and moving in the right direction".

 

Earlier this month, banks released around Rs 60 crore to KFA from an escrow account of service tax department on "humanitarian grounds" to pay salaries to the employees. The private airline's monthly wage bills stand around Rs 20 crore.

When contacted to confirm the Monday meeting and the extension of the lockout, UB Group President Ravi Nedugandi declined to do so, saying "only the airline spokesman can speak on such matters".

The KFA spokesperson did not answer phone calls and text messages.

After the meeting, Aggarwal told reporters that they will have to look at extending the lockout a second time beyond October 20 as the meeting with the striking employees today failed to resolve the deadlock.

The debt-ridden airline, grounded since the past three weeks, had on October 10 said it would resume operations from October 20. (More)

  

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First Published: Oct 17 2012 | 10:35 PM IST

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