Wednesday, November 16, 2011

Kingfisher’s request for fuel on credit forwarded to PMO

New Delhi: The civil aviation ministry has passed the request by ailing Kingfisher Airlines for a three-month credit for supply of jet fuel by oil marketing firms to the Prime Minister’s Office (PMO). The development signals that all decisions regarding the dues of Kingfisher will now be taken at the highest level in the government.
The civil aviation ministry forwarded Kingfisher’s request as part of its status report on the sector, which the PMO had sought post mass cancellation of flights by the airline.
“We have explained the reasons for cancellation of flights by Kingfisher to the PMO and also the reason why some other carriers IndiGo and GoAir were not utilising their slots. Apart from that we have apprised the PMO of the current financial health of Indian carriers,” a senior aviation ministry official told FE.
17/11/11 Nirbhay Kumar/Financial Express
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