Business

Pilots who feel their actions are justified can quit: Mallya

Press Trust of India | Posted on Aug 09, 2012 at 08:09pm IST

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New Delhi: With a strike by pilots disrupting Kingfisher Airlines' flight schedules, its Chairman Vijay Mallya on Thursday termed the protest as "disruptive" and warned the agitators that they could quit if they felt their action was justified.

He also asserted that the airline would be "re-capitalised whether the government changes the current FDI policy or not".

In an open letter to his staffers, the third in so many months, Mallya warned, "If some colleagues feel that I will be pressurised by flight cancellations, they are wrong. Instead, I will stop my own support as a few are effectively holding the entire Company to ransom...

Pilots who feel their actions are justified can quit: Mallya

He also asserted that the airline would be \"re-capitalised whether the government changes the current FDI policy or not\".

"If a section of our colleagues feel their actions are justified and that they know best, they can elect to leave our company. But such threats and disruptive actions are not acceptable. The actions of a few can adversely affect all of us."

The letter came on a day when at least 16 Kingfisher flights, 10 from Mumbai and six from Delhi, were cancelled due to the strike. About 30 flights were cancelled on Wednesday. The airline is expected to announce its quarterly results shortly.

Appealing to the employees to "understand the extreme hardship that I am going through to keep our Airline flying to the highest safety standards", Mallya said he was writing cheques to various vendors on a daily basis "irrespective of the revenue inflow".

"We have continuing issues with the tax authorities with frozen bank accounts. As if that is not bad enough, some of our own colleagues are ensuring, by their actions, that our revenue prospects fall down further due to shaky guest confidence and poor load factors."

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Business Leaders

Vijay Mallya

Posted on Apr 11, 2013 at 08:13AM IST
Vijay Mallya was born on December 18, 1955. He is the Chairman of the United Breweries Group and Kingfisher Airlines, The United Breweries Group's flagship beer brand; Kingfisher is famous across the world. Mallya`s hometown is Bantwal, ...

Companies

Kingfisher Airlines

Posted on Apr 11, 2013 at 08:13AM IST
Kingfisher Airlines is an airline based in Bangalore, India. It operates more than 400 flights a day and has a network of 77 destinations, with regional and long-haul international services. Its main bases are Bengaluru International Airport, ...

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