Kingfisher Air Carriers Employees in Severe Financial Pressure
Tales abound of delinquent rents, charge card dues, and college and college costs, risks of eviction from land lords, risks from bankers due to non-payment of vehicle and residential EMI obligations, as well as marital problems. Many KFA staffers would be the only breadwinners within their families.
One KFA pilot, who didn't desire to be named, stated existence had "become frightening". "I have not been capable of paying my charge card bills, and today the financial institution is delivering people to the house. My web connection continues to be removed when i could not obvious the debts,€ he stated. KFA owes the pilot near to Rs 30 Lakh in salary arrears that the pilot stated he isn't likely to forget about. Many KFA employees stated the salary arrears were the main reason they had not quit the air travel.
"What goes on to my money that I'd labored during the last 7 several weeks? I am not departing until I receive my money," stated the pilot. The lack of jobs within the saturated Indian aviation marketplace is one more reason for workers to stay with KFA regardless of the conditions.
"When many got the opportunity to leave they left. As well as the relaxation people, there's not a lot of jobs available," stated a KFA engineer who asked for that his title 't be used.
Another KFA pilot stated his landlord had requested him to vacate because he had not compensated his rent for a lot of several weeks. The pilot told TOI that another friend, a senior employee who lives in Bangalore together with his wife and kids, have been instructed to sell his wife's jewelry to help keep the home running.
Meanwhile, KFA promoter Vijay Mallya and the boy Sidhartha go quiet on their own social networking handles. The junior Mallya's tweets the other day were about him playing volleyball with bikini-clad models (who have been area of the Kingfisher annual calendar shoot), and asking fans to election for him as GQ India Digital Guy of the season. On September 29, Vijay Mallya, while re-tweeting his son's attract fans also tweeted, "The media are getting a lot of fun slamming me. Allow them to continue their wild and inaccurate speculation. I'll prove these wrong."
The tweets arrived days prior to the air travel needed to require a partial shutdown.
On Friday, KFA had a breather because the freeze on a single of their accounts was lifted, giving the money strapped air travel a line of credit of Rs 60 crore. "Even that will not be sufficient money to pay for all of the staff their full dues," stated an airplane pilot.
See Also: Indian News