Beleaguered Indian carrier Kingfisher Airlines has cancelled 31 flights from Mumbai and Delhi on Wednesday, following a strike by its employees.
According to a PTI report, a section of the airline’s employees are protesting non-payment of salary.
While 22 flights of the airline were cancelled from Delhi, nine were cancelled from Mumbai, sources close to the newswire added.
Kingfisher Airlines, which has been facing cash crunch for almost a year now, has not paid salary to its staff for the past five months.
According to a recent Reuters report, “After cancelling thousands of flights late last year, cash-strapped Kingfisher has grounded most of its fleet and is desperately awaiting a rule change to allow investments by foreign airlines, although none has publicly expressed interest.”
Kingfisher was launched seven years and has never made profit since then. Its debt stood at $1.4bn at the end of March this year.
According to a PTI report, a section of the airline’s employees are protesting non-payment of salary.
While 22 flights of the airline were cancelled from Delhi, nine were cancelled from Mumbai, sources close to the newswire added.
Kingfisher Airlines, which has been facing cash crunch for almost a year now, has not paid salary to its staff for the past five months.
According to a recent Reuters report, “After cancelling thousands of flights late last year, cash-strapped Kingfisher has grounded most of its fleet and is desperately awaiting a rule change to allow investments by foreign airlines, although none has publicly expressed interest.”
Kingfisher was launched seven years and has never made profit since then. Its debt stood at $1.4bn at the end of March this year.
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