With IPL opening ceremony in full swing, Kingfisher Airlines today announced that it has started remitting two months' salaries to its employees - they have not been paid for the last 10 months.
"We have released two months salaries to our staff," a Kingfisher Airlines spokesperson said here, without elaborating on the period for which the salary was paid.
The development comes on a day when it failed to get an interim stay from the Bombay High Court against its lenders who have started monetising the collaterals pledged with them.
Kingfisher, grounded since October 1 and whose flying licence expired last December, has not paid to most of its staff since last June.
The move comes a day before the commencement of the Indian Premier League (IPL) in which airline promoter Vijay Mallya owns the Royal Challengers Bangalore team.
Last month, airline engineers had announced that they would disrupt the matches and had also urged the players to quit the Mallya team. They also asked the cricket board not to allow Mallya's team to participate in the event.
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