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Kingfisher’s labor issues add to debt woes

Kingfisher Airlines (IT) is facing more trouble this week as management failed to convince pilots they will be paid.

Kingfisher Airlines A320. Courtesy photo Kingfisher Airlines (IT) is facing more trouble this week as management failed to convince pilots they will be paid (ATW Daily News, April 3). The pilots went on strike Sunday over nonpayment of salaries since February. Labor troubles are the latest woes for the carrier, which has a debt of close to $1.4 billion. IT has responded to cash-flow problems by shrinking operations substantially. It operates between 13 and 15 of the 43 aircraft in ...

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