Vijay Mallya makes Kingfisher employees cry on V-Day?
People, who are associate with the cash-strapped carrier and might have made some plans with their loved ones (valentines), might not be able to enjoy the day as they have been left cashless.
According media reports, employees of Kingfisher Airlines have not been paid their salaries since last two months. Citing "'large unanticipated payments," the airlines once again on Monday delayed its payment of December 2011 salary. [Read: Barack Obama's fear for wife Michelle revealed on V-Day]
"We got hit by a couple of large unanticipated payments which had to be addressed on an emergency basis," an e-mail from Sanjay Aggarwal, the Kingfisher CEO, informed its employee on Monday.
However, Kingfisher was not alone in the row. One of the largest private carriers by market share in India, Jet Airways also has been slapped with similar kind of crisis.
Almost 18,000 employees of both Kingfisher and Jet Airways have not been paid since last two months. Sources also reported that many pilots, working with Kingfisher, are planning to swift to another airline - Indigo.
Meanwhile, Times of India quoted a senior official of Kingifisher Airlines as saying, "Now the CEO says we will not be paid and this after a promise made by the chairman (Mallya) himself. So now if the chairman can also go back on his words then who do we trust for getting paid."
OneIndia News