Home / Economy and Business / Kingfisher asks its employees to stay home. Air India makes 10crore losses daily.

Kingfisher asks its employees to stay home. Air India makes 10crore losses daily.

Problems continue to hog the debt ridden Kingfisher airlines. “King of Good Times” has reportedly going through a very bad weather in the recent days. In a recent development, the airlines has announced a suspension of its operations at many places, and has asked its employees at those places to remain at home.

As per the revised schedule, the Kingfisher will operate about 125 flights with 20 planes during this summer. However it has not disclosed about the cities or destinations where the operations will be cancelled. It has maintained that the employees will remain on the rolls of the company, until the management comes up with a revival plan for the ailing airline.

Unions of Air India employees numbering around eight, have threatened the government that they would go on a strike from 2nd of April. The strike threat comes in the wake of employees protesting against their unpaid salaries and allowances. The unions have reportedly sent a memorandum to Prime Minister Manmohan Singh asking his intervention in this matter. It can be recalled that the talks between Air India management and the employee unions had come to a halt in the past week.

Meanwhile Ajit Singh, Union minister for Civil Aviation, has said that the problem struck Air India’s operation results in a loss of 10 crore rupees everyday. “During the last three years, Air India has received Rs 114.35 crore from the Ministry of Defence, Rs 212 crore from Prime Minister’s Office and Rs 112.98 crore from Ministry of External Affairs,” the minister said.



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