Kingfisher Airlines declares temporary lockout

[Victor Inox]

The GMR issue has been settled, They have withdrawn the case.

Rather cryptic. Does it means VJM has paid the outstanding amount, or does it mean he has paid someone off to have the case withdrawn?

[thegrapevine]

according to sources, the full amount was paid and the arrest warrant has been cancelled.. VJM surely knows his priorities!!

[3greens 1inthemirror]

hahah look at the irony, if you borrow $100 from a Bank & are not able to pay, you're in trouble, but if u borrow a $100 million & aren't able to pay, the bank is in trouble

[Finn47]

Mallya obviously wanted to avoid being arrested while attending the Formula One Indian Grand Prix this weekend:

Unmoved by Kingfisher Airlines crisis, Vijay Mallya to attend Indian Grand Prix - The Economic Times

[Rotorhead1026]

Originally Posted by Geebz

No sympathy for the employees who held on this long though, they're just as stupid as he and his execs are. I would've been outta' there after the first late payment.

<sigh>

What arrogance. The reason they "hung on" is likely because there aren't many jobs elsewhere. You might have been "outta there", but you likely would have been unemployed as well - assuming Kingfisher would have hired you in the first place.

[Victor Inox]

Does VJM suffer from an eye disease? He seems to be wearing sun glasses indoors all the time.

[Aeronotix]

VJM suffers from an acute I disease!


Aeronotix

[Victor Inox]

Aeronotix:

[camel]

he probably paid up before someone slapped a clamp on his F1 cars this weekend..

[pilotbaba]

He just paid to clear the issue of bounced checks that would have led to his arrest....

The agreement to pay the employees is just another promise to get them back to work...
Re-start the company is still a big ?????

Even if they manage to re-start the company, they will need to a 180 in poilcy & procedures to achieve a turnaround & turn operational profits to justify another round of borrowing......

Looking at the attitudes & body language of the mgmt, I don't think so....
It's a DISTANT PIPE DREAM...

To all the employees, find another job if you can. Jump ship when you get a chance. Even though it is late, it is still not too late....
If you can't, then at least you have a job, which just pay at all.....

[Finn47]

Plenty of them have already left by now...

Nearly 40 per cent of Kingfisher Airlines' employees left between March and September - The Economic Times

[SmoothCriminal]

Kingfisher Airlines – airborne again! | beyondbrics

Could this be really true ?! Has he really managed to convince the staff yet again on promises

Smoothie....

[captjns]

How delusional can the employees be to think that VJ isgoing to be true to his word? Now that Ijust can’t understand.

[blackbirdsr72]

whats the alternatives for employess...?? have they got enough oppurtunites in market...?? More than 3000 will be out into the pool ..... better to continue till they get any other offers.... right...?

[Victor Inox]

And who in their right mind would book a flight on KFR?

[silverhawk]

In any civilised and developed country fraud and deception are crimes.

In India?




Capt Apache's response below epitomises the problems in Indian aviation. Ignoring the real problems but instead, going off at a tangent.

[Capt Apache]

Why? Did you get away with doing some fraud over here ?

[Capt Apache]

I thought you were going on a tangent.They issued a non -bailable warrant against him, and suspended his airlines license.You din notice.
Your insinuation that India is uncivilised and undeveloped is not just tangential,its insulting and unnecessary.

[silverhawk]

Patriotism should be applauded. Blinkered denial is another matter though.

India is corrupt, is undeveloped due to the corruption at all levels and will remain that way for generations to come.

What good is a space programme and a nuclear powered submarine when your population die in the streets?

Please name one area where conditions have improved in 65 years of independence.

[Capt Apache]

Oh Yes, now we truly talking about the topic.Nothing tangential about that.

India is corrupt, is undeveloped due to the corruption at all levels and will remain that way for generations to come.

What are you- Nostradamus to see generations into the future.

What good is a space programme and a nuclear powered submarine when your population die in the streets?

Its definitely good for the developed nations, coz that way they can sell us their sophisticated weapons and nuclear reactors, and make good money.They also get to call us uncivilised and undeveloped.

Please name one area where conditions have improved in 65 years of independence.

It is a miracle that we even survived as a nation;after being left to die 65 years ago.