New Delhi: Civil Aviation Minister Ajit Singh on Thursday ruled out cancelling the licence of Kingfisher Airlines even as the carrier continued to curtail its daily flight operations due to a cash crunch, an exodus of pilots and operational reasons.
"We don't want Kingfisher to shut down. We do not have any plans to cancel Kingfisher's licence. An airline can operate until it has at least five planes in its fleet," Singh told reporters in Delhi.
The development comes as the cash-strapped airline continued to curtail its operations for the sixth consecutive day on Thursday.
Sources in the Directorate General of Civil Aviation (DGCA) said the regulator has received the airline's new schedule via an e-mail and was studying it.
The regulator is probing the large-scale cancellations and whether financial constraints have in any way compromised passenger safety.
According to sources, the airline has violated Rule 140 of the Aircraft Rules by not seeking prior approval of the regulator before curtailing its schedule for the second time since last year.
23/02/12 Daily News & Analysis
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