Kingfisher Airlines Chairman Vijay Mallya has blamed the paid media as being responsible for the downfall of Kingfisher Airlines. These comments were made in Mallya's letter to his employees. He said, "I'm trying my best to revive the airlines, employees must have patience."
The letter is believed to have come shortly ahead of the Directorate General of Civil Aviation's (DGCA) call on the airline's new flight schedule. Kingfisher had submitted a copy of the revised schedule to the DGCA after last week saw massive cancellation of flights causing great distress to flyers. It is now operating only 28 out of 64 flights. [Read: Vijay Mallya sheds tears for unpaid Kingfisher employees]
The Kingfisher crisis seem to be spiraling into scary proportions with the cash-strapped airline struggling with fewer flights and pilots, unpaid salaries and outstanding dues to oil companies. As per reports, the airline needs at least $400 million to keep flying.
They had announced a sharp drop in operations to cope with the cash crunch last week. The DGCA is expected to take a call on the airlines new flight schedule on Monday.