August 05, 2011 / 17:07 IST
Moneycontrol Bureau
After much deliberation,
Kingfisher Airlines (KFA) has restored the original salary structure of its pilots. Last month, the airline suddenly informed pilots that their flying hour allowance would be reduced from around 55 hours to 40. This step angered pilots who threatened to either strike or tender mass resignations.
KFA has over 600 pilots who had to take a hit of Rs one lakh each month on an average.
In response to a query, the company spokesperson told moneycontrol.com:
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