New Delhi: With the partial lockout at Kingfisher Airlines (KFA) scheduled to end on Thursday, the Chief Executive Officer (CEO) Sanjay Aggarwal will go across the country meeting employees of the company on Thursday and Friday, as talks between the management and striking employees yesterday failed. While, aviation regulator Directorate General of Civil Aviation (DGCA) on Thursday filed its status report on Kingfisher Airlines (KFA) asking the airline to declare its future strategy.

Notably after several rounds of meetings, the KFA management has failed to break the deadlock in KFA operations.

Read more: KFA to seek DGCA’s nod: Ajit Singh

The government needs concrete plans from Kingfisher Airlines on how it will operate, maintain schedule and whether its aircraft are safe to fly, Civil Aviation Minister Ajit Singh had said.

KFA may avoid futile closure

Furthermore, KFA faces threat of a prolonged shutdown until the cash-strapped carrier clears a salary backlog going back to several months.

Notably, the Centre is taking a tougher stance after allowing the airline to operate for months without paying salaries, although it has stopped short of forcing a closure of the heavily indebted carrier. Kingfisher has a debt of USD1.4 billion, owed mostly to government-controlled banks including State Bank of India (SBI), the country's top lender.

KFA vows to clear pending salaries soon


The airline, controlled by liquor baron Vijay Mallya, won't get the government's approval to resume flying before it pays staff salaries and submits an acceptable recovery plan, a senior official at the aviation regulator told reporters on Tuesday, declining to be identified as the negotiations are private.

(JPN/Agencies)

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