Kingfisher Airlines Ltd has extended its partial lockout by eight more days unti 12 October, as talks between the management and employees failed over non-payment of salaries, according to reports.
The airline reported that its planes would take to the air again on October 5.
The striking pilots are planning to move the labour court against the airline for failing to pay their backlog, reports said.
Bharat Raghavan, the company secretary of Kingfisher and a key member of the top management, also resigned with effect from September 30.
India Infoline Research Team / 14:59, May 20, 2015
GPIL reported 13.5% yoy decline in operating profit as the impact of higher volumes was offset by lower product prices