News Events NagpurNews Events Buzz247 Buzz Nagpur

  •  Ten Employee Training Tips   •  6 HR Tips for Growing Small Businesses   •  Cheques with alteration/corrections will not be honoured from 1st July 2010   •  Undersea cable system repair hits Internet service in India   •  Woman Power, Brave Jammu girl takes on six terrorists, kills one   •  Indians who didn't need degrees to stand as epitome of change   •  States, Centre agree on IT infra for GST   •  Internet Explorer Phishing Filter or the SmartScreen Filter   •  How to boost your malware defense and protect your PC   •  Ten Safe Tips in Browsing The Internet   •  Top 10 Myths of Safe Web Browsing   •  What is Digital Siganture Certificate? Who provides Digital Signature Certificate?   •  Blackberry - FAQ   •  Features of Windows 8   •  10 traits of successful people   •  Why Should Anyone Mentor You?   •  How to build confidence?   •  Samsung shows off 3mm Needle Slim LCD TV   •  Skull ‘reveals new human ancestor’   •  Use Google SSL Search by using https every-time you perform a search on Google.   •  SEA-ME-WE 4 Submarine Communication Cable System   •  List of international submarine communications cables   •  Networking Gateway EIG will provide flexibility, route diversity to India
 Kingfisher to lay off around 100 pilots
 You too can post stories and pictures. Sign up and start posting.
HOME  |  CONTACT US
Submit Stories / Pictures   Sign In   Sign Up
Kingfisher to lay off around 100 pilots
E-MAIL
PRINT
RATE
  • Currently 0/5
  • 1
  • 2
  • 3
  • 4
  • 5
Rating: 0.00 out of 1 votes cast
TOTAL COMMENTS : 1
POST COMMENTS
Posted : Thursday, November 05, 2009
By : Sunny Boy
Mumbai: 100 pilots will be sacked by Kingfisher Airlines, on grounds of huge business losses and capacity reduction. These pilots were already working on 80 percent salary cut.

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. When contacted, a Kingfisher spokesperson denied "sacking" of any pilot. Such measures are "however inevitable due to the market conditions," a company official said.

Kingfisher has reported a net loss of Rs. 418.77 crore during the second quarter of this fiscal. Its income from operations also declined by 13.6 percent during the quarter compared to the same period last year.
Picture Gallery
Hand Painting (Dolphin inpacific)
(0 comments)
Exceptional Photos (Sunny Boy)
(0 comments)
 
Exceptional Photos (Sunny Boy)
(0 comments)
Exceptional Photos (Sunny Boy)
(43 comments)
More >>
Top Contributors
Sunny Boy
Irshad Khan
Dolphin inpacific
chandan kumar
Dhruv College