New Delhi: In what could spell more trouble for the cash-strapped Kingfisher Airlines it has been suspended from the clearing house of the Geneva-based International Air Transport Association.
In a statement the airline said that as a result of a recent internal system failure, certain credits did not hit their IATA Clearing House (ICH) account in time, triggering an automatic suspension. “Kingfisher would like to confirm that all its dues via ICH have been settled in full and it has absolutely no upstanding dues as of date. We are closely working with ICH and expect to see a reversal of the automatic suspension shortly,” the statement adds.
Industry sources told Business Line that the suspension will make it difficult for other airlines to accept the tickets which have been issued by Kingfisher Airlines.
02/02/12 Ashwini Phadnis/Business Line
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment