Kingfisher Airlines has made the news again as a section of its employees went on a hunger strike on Thursday, demanding immediate payment of salaries pending since last August.
The airline has been grounded since October 2012 and lost its licence in December 2012.
"As many as 60-70 employees are currently on an indefinite hunger strike at the Kingfisher House near the domestic airport," a source told PTI. The airline's spokesperson could not be reached for a comment.
Kingfisher Airlines CEO Sanjay Agarwal was also at the airlines headquarters, trying to persuade the employees to end the agitation, the source added.
The 17 lenders to the Vijay Mallya-owned airline, which owes them nearly Rs 7,500 in principal, excluding arrears since January 2012, have sold sureties and shares of the airline as well as group companies worth around Rs 1,000 crore so far as part of their recovery process.
Mallya has been talking about relaunching the airline since February, but no details have come out as yet.
Kingfisher shares closed at Rs 5.25 on the Bombay Stock Exchange on Friday, down 2.42 per cent.
with inputs from PTI