hmm not consistently --first time comment
Salary is a function of biz model and pricing and comparative cost for competitor. If you pay double of a what a already loss making competitor was paying you are sowing the seeds in a manner of speaking of trouble.
But that is not the only cause ..
you seem to be consistently pointing at high salaries of KFA staff. what is the comparison? it is supposed be an international carrier where the salary range is much bigger than that meets our eye.
Hmm are the employees not responsible for the mess as well? Paying non value adding staff and over the board salaries is one of the reasons why they went down the drain
Finally the Reserve Bank of India (RBI) had given its consent for selling UB Spirits` shares to Diageo. Next week will be event full. Mallya will settle salary dues, and part of dues to AAI, lenders and others. KFA will get their license back.
At last, the dream come true is happening to the employees of the KFA and it is everybody`s wish that this should materialise soon to mitigate the sufferings of the employees. Also, KFA should work out the rehabilitation plan of the KFA with utmost care to ensure that this type of situation does`nt arise in future and would also meet the expectations of the passengers that KFA would provide an additional airline service at the earliest.
Kingfisher Airlines promoter Vijay Mallya has assured his employees that they would be paid their salary dues of eight months soon but did not give a time-line, airline staffers said today.