Kingfisher Bids To Return to the Air
AIN AIR TRANSPORT PERSPECTIVE » OCTOBER 29, 2012 by NEELAM MATHEWS Kingfisher has lost the services of its Airbus A330-200s, one of which authorities impounded at London Heathrow Airport due to unpaid debts. (Photo: Airbus) October 29, 2012, 10:45 AM Striking pilots and engineers of India’s Kingfisher Airlines have accepted a three-month portion of their eight months of unpaid salaries and agreed to return to work, even as management struggles to get its suspended Scheduled Operator’s Permit reinstated. Still, civil aviation minister Ajit Singh warned that paying salaries alone would not guarantee that Kingfisher would fly again. “I think the Kingfisher problem is much bigger; even if they pay the salaries today, are they going to take off and fly? I don’t think so,” he said. “They have to give a very viable, financially sound plan, that they can maintain the schedule, pay the taxes, pay the oil companies, pay ...