Kingfisher Airlines continues to hit air pockets with two real estate developers now slapping eviction notice for allegedly defaulting on rent payments since last November.
The airlines sources confirmed the development and said the management was negotiating with the developers to resolve the deadlock.
The cash-strapped airline has a rented property in the Andheri suburb of the city, from where it is running a part of its operations, while the main administrative office is located at the Kingfisher House, which the promoter Vijay Mallya has been planning to monetise to raise some working capital funds for the airline.
“Senior airlines representatives are in talks with some of the developers for quite some time now to resolve the deadlock and arrive at a solution,” Kingfisher Airlines sources told PTI here on Friday.
The airline spokesperson, however, was not available for comments.
Keywords: Kingfisher crisis