Kingfisher Airlines (Mumbai International) has announced that it has reached agreement with its employees over a payment plan for the overdue salary payments after apparently securing new funding from UB Group owned by the airlines' chairman Vijay Mallya. Kingfisher Airlines has agreed to pay salaries for three months immediately and to make a payment for a fourth monthly unpaid salary by the end of the year. The airline will now present a revival plan to the Indian civil aviation authority and hopes to resume operations once and if it is able to get its operating license back. Kingfisher had not flown since early October.