There is good news for the employees. They can be paid two months’ salary. For this, the amount in their account may increase in the month of September. Before the festival, the company is preparing to provide big relief to the employees.
Employees Salary Payment, Salary Payment: There is good news for the employees. They will be paid 2 months’ arrears. The amount in his account will increase with the payment due in the month of September. Earlier, the entire salary for the month of June has been paid to the employees.
Payment of two more months’ arrears possible in September
According to sources, Kaushik Khona, the CEO of First Airlines, has given important information to the employees of the airlines. Under which the company will pay the outstanding salary of two more months to the employees in September.
Earlier, a report said that CoFirst Airline has paid the salaries of June to all employees ahead of Ganesh Chaturthi. Recently, immediate funding of Rs 100 crore was secured from lenders to meet the expenses.
Payment of full salary for the month of June
The report said the Rs 100 crore fund would be used to pay salary insurance premiums and other dues of employees, including parking and airport costs. The entire salary for the month of June was paid to the employees by the airline after the corporate insolvency resolution process cost of Rs 100 crore was approved by the shareholders of the airline last week.
Let us tell you that Go First’s plan to restart flights has been approved by the Directorate General of Civil Aviation pending the outcome of court cases and interim funding. Airlines can operate up to 15 aircraft or 114 daily flights as part of the plan. Along with this, Go First Resolution Professional Shailendra has invited expression of interest in the month of July. The resolution professional can enable airlines to restart their operations with a fleet of 25 aircraft.
