News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 11 years ago
Home  » Business » Mallya has not given any revival plan: Ajit

Mallya has not given any revival plan: Ajit

Source: PTI
March 21, 2013 15:44 IST
Get Rediff News in your Inbox:

The government on Thursday said Kingfisher Airlines has not yet given a revival plan to restart operations, even as employees are aggrieved over non-payment of salaries.

"All they have to do is satisfy DGCA that they can do safe operation and sustain operations. They have to give a plan -- a financially viable plan. He (Vijay Mallya) has not given that so far," Civil Aviation Minister Ajit Singh said.

Singh said non-payment of salaries has left the "highly trained" employees an aggrieved lot. Several employees have already left the company.

The employees, meanwhile, have threatened to disrupt IPL matches of the Royal Challenger Bangalore (RCB), the team owned by Mallya.

Asked if the government can intervene in the matter, the Minister said "the government has no role in this". The airline, whose license expired last year, has two years' time to get its permit renewed and restart operations.

The Vijay Mallya-owned cash-strapped airline is grounded since October last year following unrest by employees over non-payment of salaries and subsequent disruption in its flight schedules.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!