Kingfisher Airlines’ engineers and pilots received assurance on payment of salary and revival plan by United Breweries Group Chairman Vijay Mallya. The Chairman committed to pay the salary from the funds accrued from Diageo deal as he has got the Reserve Bank nod for the deal.
The debt-laden Airlines’ operating license lapsed on December 31, 2012 and it has to submit a concrete action plan to get its flying license renewed. The Directorate General of Civil Aviation (DGCA) suspended airlines operating license on October 20 and asked to submit a concrete and viable revival plan ensuring safe, reliable, efficient and sustainable operations.
