KINGFISHER AIRLINES CALLS FOR A MEETING WITH ITS ENGINEERS AND PILOTS TO BREAK IMPASSE
New Delhi,India : Grounded and tethering on verge of bankruptcy Vijay Mallya promoted Kingfisher AirlinesBSE -0.88 % has called for a meeting with its engineers and pilots from across its operating bases for what is being seen as a make or break meeting for the struggling debt ridden carrier at its Mumbai headquarters on Monday.
In an email to employees written on Friday company's executive vice president Hitesh Patel asked one representative each from the engineering and pilot divisions for the meeting the time and venue of which has not been conveyed to the employees till now.
Time is running out for the airline as it has to submit a viable business plan to the civil aviation regulator if it wants to start flights by October 21 as Kingfisher has opened sale of inventor from this date onwards subject to regulatory approval. Unless deadlock with employees over salaries is not resolved the management would fail to stick to that deadline.
15/10/2012 : Manisha Singhal / The Economic Times.
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