Pressure Mounts On Kingfisher

Employees of tottering Indian carrier Kingfisher Airlines are reported to be seeking closure of the airline. With unpaid salaries stretching back for months, workers want management to sell assets to clear its wage backlog. Kingfisher’s creditors are also believed to be pressuring the airline, which has not paid interest for more than year, according to the Economic Times.

TAGS: Asia
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.