The employees of Kingfisher Airlines have demanded payment of salaries for two months to February 2012 by 8 pm on 3 April 2012 from the management.

The demand for payment of salaries came following letter from Kingfisher Airlines chairman Vijay Mallya addressed a letter 1 April 2012. Employees said that the situation has come in which the operations of the airline has become unsafe due to stress caused by nonpayment of salaries.

Vijay Mallya might be planning to offload some of his personal holdings in the flagship, United Breweries unit of the UB group in order to raise enough money to help save his company's Kingfisher airlines, which once appeared to be ready to emerge as the leading airline in the country.

According to a media report citing people closer to the matter, Mallya might sell 13 per cent of United Breweries, which is worth about $370 million, to Heineken. United Breweries is a profitable unit of the company has a massive 50 percent market share in the domestic beer market.

According to estimates, Kingfisher has a total debt of about Rs 7,000 crore and accumulated losses of about Rs 6,000 crores.