Kingfisher Update [Updated!]: Expecting to fly in 5 days?

While Kingfisher Airlines does not have any cash left to pay employees as per media sources, it has extended its lockout till 7th October for the time being, which means it is not selling tickets till 7th October, and no flights will be operating till then as well.

Like I mentioned yesterday, it however looks like this time it will take a lot longer to revive operations since the airline is now under regulatory pressure to review the situation, come back with a FIRM plan of action and pay salaries before it goes up in the air.

However, as per Reuters, the airline is now making statements that about 100 employees have come back unconditionally to work, and they hope to pay March salaries in a week or so. However, other journalists figure these are rumours being spread by the airline to get a little barterpower on the negotiation table.

Updated: In an evening report I found on Firstpost.com, the regulator’s 3 page directive to the airline has been published, which includes some stupid stuff such as do not have any unscrupulous staff near the planes.

As for me, I had a Kingfisher flight reservation later this week, where the earlier flight I was booked on was clubbed with a flight 12 hours later, and then, rescheduled for even later. I was informed about it via a text message late last evening. But this morning, I see the reservation is not even showing up.

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So, I am thanking my stars that I bought a travel insurance along this time and if the airline is not cancelling my ticket today or telling me about it, the insurance is going to kick in. This is a developing story as well! (The airline has finally called me to tell me the flight is cancelled and it will give a full refund!)

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About Ajay Awtaney

Ajay is a financial services pro, working to bring order to the chaos of the financial industry on an everyday basis! Beyond that, he dons the hat of India's favourite frequent traveller, trying to help people elevate their travel experience via tips and tricks they never knew before, or introduce them to the world of miles and points. Armed with an MBA from MDI Gurgaon and graduate degree in computer science from the University of Delhi, Ajay brings a systematic and objective approach on the table for his audience in dissecting travel and loyalty programs in India and around the world, and how to benefit from them. Ajay has been quoted in various reputed traditional and online media including The Hindustan Times, Inside Flyer, Bloomberg, DNA India, Conde Nast Traveller, The Telegraph, Mumbai Mirror, Mint, MoneyLife and The USA Today.

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