Kingfisher Airlines has paid the second installment of salary overdues to its employees today while the third month's dues are still pending. The management has promised to clear the third installment by Diwali.
By assuring employees that the management will pay seven months salary dues by December, the airline ended the nearly month-long crisis as striking employees have agreed to return to work with immediate effect.
But resumption of operations will still take another month or so since the DGCA has still not revoked the suspension of its flying licence.
The airline has to has to satisfy the aviation regulator on safety issues as well as the viability of their financial and operational plans.
Updated Date: Dec 20, 2014 13:16:07 IST