Troubled Kingfisher Airlines (IT) has not paid employees since December and was unable to make a planned salary disbursement last week. India's The Economic Times and Mint newspapers quoted a Feb. 11 email to airline employees from CEO Sanjay Aggarwal, stating, "Unfortunately, we got hit by a couple of large unanticipated payments which had to be addressed on an emergency basis." This necessitated another paycheck postponement, he explained. "We are in serious ...

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