The 25-day-long strike by Kingfisher Airlines' employees over non-paymet of salaries ended Thursday, October 25.
Kingfisher Airlines said all of its employees had agreed to report for work immediately.
The agreement between Kingfisher and its staff requires the airline to pay the long overdue salaries on a staggered basis.
Media reports from India say Kingfisher agreed to pay March salaries immediately, April salaries by October 31, May salaries by the Diwali festival on November 13 and June salaries between December 20-December 31. Salaries after that are to be paid monthly.
The two sides agreed to tackle the issue of salaries for July-September "after the company regains financial health and gets recapitalised."
No Flights Soon
But Kingfisher's planes will not be taking to the air any time soon since its license has been suspended.
The airline must present a resumption plan to India's Director General of Civil Aviation and get it approved before flights can resume.
It's unlikely the airline will fly for at least a couple of weeks.
Since its inception in 2005, Kingfisher Airlines has not made a profit.
The airline is struggling with a crushing debt load of $2.5 billion.