Tuesday, 27 March 2012

Kingfisher to give several cities a miss



New Delhi, March 27:
Kingfisher Airlines has said that it has "temporarily suspended" operations to several cities as a result of a new “holding plan” that has been put in place.
While the airline did not specify which cities it has “temporarily suspended” operations to, it did say that in the "holding plan" adequate care has been taken to ensure that part of “our core inter-metro schedule is retained, while connectivity is maintained to many cities where we are the sole operator".
Summer schedule
The statement adds that the airline has begun the summer schedule with about 120 daily flights and 20 dedicated aircraft.
The airline states that in the current schedule care has been taken to ensure that Kingfisher maintains “schedule integrity with 100 per cent reliability”. The Directorate-General of Civil Aviation threatened to cancel the airline licence saying it is not maintaining schedule integrity.
Staff told to stay at home
The statement adds that since Kingfisher could resume operations after getting re-capitalised, most staff at these stations have been asked to stay at home whilst remaining on the company's rolls.
“There is, however, much speculation on whether we are going to lay off a large number of our staff. To clarify, we are in a "holding" pattern right now and are waiting for various decisions from the Government and our Consortium of Bankers on FDI policy, working capital funding, etc. All of these will have a major impact on the staffing decisions we will have to make.
The airline said it has paid Rs 44 crore towards TDS dues which was due on or before March 27, 2012

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