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Kingfisher Airlines: Mallya says January salaries by May 9

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Newly-elected French President Francois Hollande (L) with outgoing Culture Minister Frederic Mitterrand
Newly-elected French President Francois Hollande (L) with outgoing Culture Minister Frederic Mitterrand

Kingfisher Airlines will start paying January salaries starting from Wednesday, Chairman Vijay Mallya wrote in a letter to employees, as the debt-laden carrier struggles to retain staff.

"It is my personal endeavour to not only clear the January salary but also clear a significant part of the February salary by the end of this month itself," Mallya wrote in the letter seen by Reuters.

The airline also expects to re-enter a distribution network with the International Air Transport Association "very shortly," Mallya said.

Copyright @ Thomson Reuters 2012