In some relief for the struggling Kingfisher Airlines, the CEO Sanjay Aggarwal informed the media that all their pilots and engineers have agreed to resume work on October 25, 2012. The positive response from the employees came after management assured them that their salaries for the month of March will be paid whithin 24 hours, and that the salaries for the month of April will be paid by October 30, 2012.
Top management authorities of the airline met some of the staff agitators in Delhi to come to a conclusion over the payment of oberdue. The decision was taken by the authorities so as to prevent a protest during the upcoming Formula One motor racing event in the country.
Vijay Mallya, who is the airline’s owner and co-owner of the Sahara Force India Formula One team, did not want any disruption by the protesting employees during the event, and so the offer was made to the employees. The management had earlier offered three months salaries by Diwali, but the employees rejected the offer and demanded that the airline must pay salaries of at least four months by October 26, 2012.
The airline workers have been on strike since September 29, 2012, and the CEO had met the agitators in Delhi to address their concerns. On October 1, 2012, the airline had declared a lockout after which the DGCA suspended the airlines’ flying license.