Cash-strapped -- Kingfisher Airlines -- faces fresh trouble with several pilots and staffers stayed away from work on March 12, 2012 over non-payment of salaries for over three months and indifferent attitude of the management leading to over 40 flights being cancelled across the country.
The company has cancelled 11 flights from Mumbai and three from Delhi after pilots failed to turn up. The airline has also suspended operations at the Kolkata airport where one flight has been cancelled.
Badgered from all sides, Kingfisher has been battling several problems, including strike by pilots, cancellation of flights and looming bankruptcy. Last week the airline was suspended for non-payment of dues from three IATA platforms affecting its passenger and cargo bookings through agents. This further hampered the airline’s ability to deal with global airlines and travel agents.
| Company Name | CMP |
|---|---|
| Interglobe Aviation | 4638.75 |
| SpiceJet | 13.88 |
| Raymond | 422.05 |
| Global Vectra Helico | 203.85 |
| Taneja Aerospace | 281.55 |
| View more.. | |
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