Cash-strapped Kingfisher Airlines has reduced its flight schedule and has decided to curtail overseas operations.
Its chairman Vijay Mallya will meet the pilots, who have stayed away from work over non-payment of their salaries, Thursday.
The airlines authorities said that they had returned wide body Airbus A 330-200 aircraft to its lessor in the UK. They added that they were curtailing the overseas operations due to heavy loss.
In spite of the pilots' agitation, Kingfisher operated 101 flights Tuesday though it was supposed to operate 140 flights daily.
The airlines has tendered apology to the pilots for the delay in the payment of their salaries due to freezing of its bank accounts by the Tax department. Kingfisher chairman Vijay Mallya will meet the pilot fraternity in Delhi Thursday to sort out the problem.
Kingfisher Airlines cancelled over 40 flights Monday after the pilots stayed away from work over non-payment of their salaries.
Pilots of the cash-strapped airlines have been complaining on the management's indifferent attitude and delay in the payment of their salaries for over three months.
