In a statement, the airline has said that the decision has been taken as the strike by employees, which started on the evening of October 1, has not yet been withdrawn and continues to cripple and paralyze the working of the entire airline.
The airline’s statement came hours after banks agreed to release Rs 60-crore so that Kingfisher can pay its employees.
Pilots, engineers and some other staff members had gone off work protesting non-payment of salaries for at least the past seven months. The employees were adamant that they will not return to work until the entire backlog of salaries was paid.
The banks’ decision to release funds has come too late for at least one family of the over 4,000 employees of the airline.
On Thursday, the wife of a Kingfisher staffer committed suicide blaming the financial problems that the family was facing as her husband had not been paid wages for the past five months.
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