Show salary plan or do NOT fly, Kingfisher told

October 03, 2012 09:22

The Directorate General of Civil Aviation has given an ultimatum to the beleaguered Kingfisher Airlines that it must give a timeline for paying employees, apart from a "satisfactory and realistic" operational preparedness plan, before it can get permission to fly again. The airline, which declared a partial lockout on Tuesday, has said it will start flying again from October 5.

The ultimatum came after the airline's CEO Sanjay Aggarwal and Executive Vice President Hitesh Patel had an hour's meeting with DGCA chief Arun Mishra in Delhi.

They told the regulator paying regular salaries to the 4,000 employees would depend on the government unfreezing the airline's bank accounts. The accounts were frozen by the tax authorities.

KFA executives told the DGCA that about Rs 60 crore was stuck with the government, which had frozen 40 of its bank accounts for non-payment of dues and talks were on with the Central Board of Excise and Customs and the Central Board of Direct Taxes for relief.

TOP STORIES

Quality Control Orders: What does this mean for domestic industry?

From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there...

Why Pant Apologised To IPL Cameraman

Rishabh Pant was at his aggressive best as he hammered GT bowlers during his knock of an unbeaten 88.

Rahul, Hema in fray as 89 seats go to polls in 2nd phase

In the second phase of Lok Sabha polls on Friday, polling is scheduled in all 20 seats of Kerala, 14 of the 28 seats in Karnataka, 13 seats in Rajasthan, eight seats each in Maharashtra and Uttar Pradesh, seven in Madhya Pradesh, five...

EC seeks BJP's response on Modi's Banswara speech

At the same time, the EC also asked the Congress to respond to complaints filed by the BJP against Kharge and Rahul Gandhi regarding their respective remarks.

JD-U leader shot dead by bike-borne assailants in Patna

The deceased has been identified as Saurav Kumar. Another person accompanying him, Munmun Kumar, was injured in the firing, they said.