After failing to reach an agreement with striking engineers and pilots who have not been paid since March this year, India’s Kingfisher Airlines has effectively grounded itself until at least October 12 by locking out staff. Kingfisher’s management, led by owner Vijay Mallya, is trying to renegotiate some $2.49 billion in debt with creditors while it struggles with serious cash-flow problems, evidenced by $1.9 billion in losses for the first half of this year.
Air Works India Engineering, India’s first independent maintenance, repair and overhaul provider, has signed an exclusive agreement with Pune-based automobile stylist Dilip Chhabria to address the interior refurbishment needs of business aircraft owners in India. This is the first time such a service is being offered in India and the work will be done with Chhabria’s company, DC Design. Refurbishments will be carried out at the Air Works facility in Hosur near Bangalore, where the designer will supervise the process.