Kingfisher Airlines cancelled over 25 flights this weekend as pilots held a flash agitation over the non-payment of salaries. To put that number into perspective, Kingfisher only operates about 30 flights each day.
Pilots had been assured that one-month’s pay would be provided on Friday. However, the payment (unsurprisingly) never arrived. Flights from Mumbai were most affected by the agitation.
This strike comes shortly after Kingfisher revealed its atrocious Q1 financial performance. Its net margin was less than -300%! Obviously not a sustainable situation..
On the bright side, with pilots planning to continue this strike, we can look forward to another letter from Vijay Mallya