Wednesday, November 04, 2009
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Kingfisher to lay off nearly 100 pilots
Mumbai: Vijay Mallya-led Kingfisher Airlines is understood to have put close to 100 pilots, mostly trainees, on the chopping block on grounds of huge losses and capacity reduction.
These pilots have completed their probation and all endorsements, but the company has decided not to renew their service contracts in view of the huge losses and capacity reduction, sources told PTI here today.
Their contracts would not be renewed as and when they expire and hence the job cuts would be carried out in a phased manner, they said.
The pilots, who are planned to be phased out, belong to both Kingfisher and the erstwhile Air Deccan, the sources said, adding that they were grounded last year after the merger.
4/11/09 Press Trust of India
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PermaLink These pilots have completed their probation and all endorsements, but the company has decided not to renew their service contracts in view of the huge losses and capacity reduction, sources told PTI here today.
Their contracts would not be renewed as and when they expire and hence the job cuts would be carried out in a phased manner, they said.
The pilots, who are planned to be phased out, belong to both Kingfisher and the erstwhile Air Deccan, the sources said, adding that they were grounded last year after the merger.
4/11/09 Press Trust of India
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