Hope KFA submit credible plan to DGCA

Kapil Kaul of CAPA, says that if the employees don't come into the game then there will be no future at all. I believe the employees were insisting for four months salaries, but if the management has agreed to three months salaries then they will be in a position to present a credible plan to the DGCA at least to start with five aircrafts.

Below is the edited transcript of his interview to CNBC-TV18.

Q: What is your view on the recent turn of events where the Kingfisher management has assured the employees to pay the employees three months salary and finally employees seemed to have boxed those assurances for now?

A: I don't think that employees have any option. Getting three months salary from no salary three weeks backs; is a good beginning. If the employees don't come into the game then there will be no future at all. I believe the employees were insisting for four months salaries, but if the management has agreed to three months salaries then they will be in a position to present a credible plan to the DGCA at least to start with five aircrafts.

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