India’s Kingfisher starts paying Feb salaries to staff

Monday, 9 July 2012 00:00 - - {{hitsCtrl.values.hits}}

NEW DELHI (Reuters): India’s beleaguered Kingfisher Airlines has started paying February salaries to employees, a spokesman said on Friday, providing a measure of relief to frustrated staff, including pilots who had recently threatened to go on strike.

Kingfisher, which had debt of $1.4 billion at the end of March, has faced staff agitation over non-payment of salaries, and is under pressure from its lenders to come up with a turnaround plan.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.