Kingfisher Airlines, has delayed payment of salaries to its employees, holding up payments for the month of July. In defaulting on staff salaries it now follows in the not-so distinguished steps of chronic defaulter, national carrier Air India.
Kingfisher staff has confirmed that the management has told them it does not have the money to clear salaries for July and has also refused to say when these payments are likely to be cleared.
At its end, airline management appears to have an explanation when it says that salaries could not be processed because of a bank strike last week, and that this has been expedited since.
According to airline staff, employees have been receiving their salaries on the seventh of each month for the last one year. Earlier, salaries would be credited on the 31st of each month