aeroblogger
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Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 4:50 pm

http://in.reuters.com/article/2012/1...er-regulator-idINDEE89004E20121001

Employees are protesting non-payment of April salaries - yes, they haven't been paid in months...

DGCA (regulator) is investigating, may pull operating permit.

More details on their way.
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aeroblogger
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 5:14 pm

Kingfisher has stopped selling tickets for Tuesday's schedule.
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bennett123
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 5:15 pm

I notice that they are not currently operating flights "No Kingfisher flight is operating at the moment, Mishra added".

So presumably they are unable to sell tickets either.

Are there no laws in India that require companies to pay their bills, (including wages) at the agreed times.

Also, if they are not operating flights, (and are presumably, effectively grounded) how long can they keep their AOC?.
 
aeroblogger
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 5:21 pm

Quoting bennett123 (Reply 2):
Are there no laws in India that require companies to pay their bills, (including wages) at the agreed times.

There are laws, but there is no point to them - if IT can't pay their bills, they can't pay the fines either.

Quoting bennett123 (Reply 2):
Also, if they are not operating flights, (and are presumably, effectively grounded) how long can they keep their AOC?.

Depends on how fast that suitcase gets to the Minister's office  

I don't think Kingfisher will be able to stick it out much longer AOC or not - striking employees beat up an executive yesterday, among other things. I just hope nobody decides to interfere with maintenance.

Regardless, if an aircraft goes down, that will be the end of Kingfisher. Nobody would be willing to fly them...
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CaliAtenza
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 5:23 pm

Well I think this is the end then....
 
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lightsaber
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 5:53 pm

I feel for the IT employees. Show up at work for no pay or try to find another job in a poor economy. Most strike action I consider premature... This strike is one of the few where I scratch my head and go "why didn't they strike earlier?" Getting paid is a fundamental right in exchange for labor.

Personally, I think IT is done.

Talk about spin: Kingfisher has declared a temporary lockout:
http://www.hindustantimes.com/News-F...ut-till-Oct-4/Article1-938499.aspx

Now, they didn't say much, but if one isn't flying anyway...

I personally believe Kingfisher airlines is a Zombie company anyway. IT might fly another day... they might not. Either way, I simply do not see them surviving until the end of 2013. There is no expected profit, so why put money into the airline? Mallay won't as he likes his money. Nor will any foreign airline. IT is done. Whatever niche Kingfisher had has been eaten up by 9W, 6E, and Spicejet.

Quoting aeroblogger (Thread starter):
Employees are protesting non-payment of April salaries - yes, they haven't been paid in months...

Gasp...

April
May
June
July
August
September

Going six months without pay is harsh. Or did I assume wrong? Has IT made good other months pay?
Mr. Mallya should see the inside of a jail if the time was really that long without pay for his employees.

Lightsaber
"They did not know it was impossible, so they did it!" - Mark Twain
 
aeroblogger
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 9:18 pm

Quoting lightsaber (Reply 5):
I feel for the IT employees. Show up at work for no pay or try to find another job in a poor economy. Most strike action I consider premature... This strike is one of the few where I scratch my head and go "why didn't they strike earlier?" Getting paid is a fundamental right in exchange for labor.

They have been striking on and off, but they've always stopped short of killing the company - they didn't want to lose the 6 paychecks they are still waiting on..

Quoting lightsaber (Reply 5):

Gasp...

April
May
June
July
August
September

Going six months without pay is harsh. Or did I assume wrong? Has IT made good other months pay?

Some workgroups haven't even recieved March pay.

Every paycheck since December has been delayed by at least 2 months.
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goacom
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 10:52 pm

IT is a dead airline flying. A senior exec (Partner) at one of the big 3 consulting companies told me that they have banned their staff from flying on IT and AI due to the on going problems .. kind of similar to what has happened with our company. IT is pretty much about to hit the ground while AI is just a few feet away, kept afloat by tax payer money.
 
traindoc
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 11:06 pm

Kingfisher is toast! Spent yesterday with a good friend visitng from India. He said then (9/30) that they would not make due to all the iisues well presented here on A-net.
 
Eagleboy
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RE: Kingfisher Airlines Grounded By Strike

Mon Oct 01, 2012 11:25 pm

Quoting lightsaber (Reply 5):
I feel for the IT employees. Show up at work for no pay or try to find another job in a poor economy. Most strike action I consider premature... This strike is one of the few where I scratch my head and go "why didn't they strike earlier?" Getting paid is a fundamental right in exchange for labor.

Yeah...shocking that the employees have been so loyal up to now.......1-2 months to save the company I can see as acceptable......more than that then the company is going down....stike or no strike.
 
aeroblogger
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RE: Kingfisher Airlines Grounded By Strike

Tue Oct 02, 2012 12:24 am

Quoting EagleBoy (Reply 9):
Yeah...shocking that the employees have been so loyal up to now.......1-2 months to save the company I can see as acceptable......more than that then the company is going down....stike or no strike.

There is a very strong cultural stigma against unemployment - workers would rather go work for no pay than stay home and deal with the social effects.

There aren't many jobs open in aviation right now, so it's definitely a tough time. Startups like Air Costa have been inundated with applications recently.
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bennett123
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RE: Kingfisher Airlines Grounded By Strike

Tue Oct 02, 2012 7:22 pm

http://www.bbc.co.uk/news/business-19796174

This sounds like good news for the staff. Just a pity that it was not done sooner.

Doubtless many families have experienced real hardship due to this delay.
 
tonyban
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RE: Kingfisher Airlines Grounded By Strike

Tue Oct 02, 2012 7:27 pm

Did I read this correctly ????

'The company said in a statement on Monday that "illegal acts" had been committed by a "small section of recalcitrant employees which were all unnecessary and unprovoked".

Illegal acts ? How about not paying staff for over 6-months. Is that not-illegal ? The only people I feel for is the staff who have not paid. What a horrible employer to work for.
 
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sturmovik
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RE: Kingfisher Airlines Grounded By Strike

Tue Oct 02, 2012 9:08 pm

http://www.youtube.com/watch?v=ZR6Cw_3q1Pg

I was watching this video the other day and it reminded me of the whole drama around kingfishers impending death.  
I suspect we haven't seen the end, yet.
'What's it doing now?'
 
aeroblogger
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RE: Kingfisher Airlines Grounded By Strike

Tue Oct 02, 2012 10:17 pm

Quoting bennett123 (Reply 11):
http://www.bbc.co.uk/news/business-19796174

This sounds like good news for the staff. Just a pity that it was not done sooner.

Doubtless many families have experienced real hardship due to this delay.

This is the 23rd time that Kingfisher has pledged to pay salaries in the recent future. I went back and counted.

Of those 22 times before, it only actually happened 3 times.
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