Friday 26 October 2012

Kingfisher Airlines employees resume work; Airlines to submit revival plan soon

New Delhi:(Page3 News Network)-A day after resolving the impasse over salary issue with its employees, the Kingfisher Airlines top brass discussed revival plans with aviation regulator Directorate General of Civil Aviation, DGCA in New Delhi today. 
After a meeting with DGCA chief Arun Mishra, the airline CEO Sanjay Aggarwal said, it was a general meeting. He said that they had a discussion with the DGCA to get a better understanding about presenting the revival plan of the airline. He further said that they will get back to DGCA very soon. He said that they have not submitted any revival plan yet, but they will present it soon. 
When asked by when they planned to submit their revival plan as well as revocation of suspension of their flying license by the DGCA, he said that no time-frame has been specified. The license of Kingfisher was issued on August 26, 2003, and is valid till December 31 this year.
Meanwhile, the cash-strapped Kingfisher Airlines employees resumed work today after striking a deal with the management and agreeing to the staggered salary payment schedule proposed by the company. 
Civil Aviation Minister Ajit Singh said that the airline has to satisfy the DGCA and paying salaries is not enough.

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