Kingfisher files fresh flight schedule

New Delhi: Kingfisher Airlines on Wednesday filed a fresh flight schedule with the Directorate-General of Civil Aviation (DGCA), bringing down its operations to about 170 daily flights with 28 functional aircraft.
The airline told the DGCA that it would operate flights in accordance with the revised schedule, which was being examined by the regulator.
On Wednesday, sixth day of disruption of its flight schedule, Kingfisher cancelled over 30 flights.
As reports about State Bank of India having a change of heart and extending help to Vijay Mallya's crisis-ridden airline came, Civil Aviation Minister Ajit Singh made it clear that the government would not give any bailout package to the private carrier.
“We have made it clear and I am sure that Mr. Mallya knows that Air India is a government concern. Whatever help we give them [Air India], we cannot do it to any private industry. We have said it before that banks will decide that [giving money]; the government is not going to interfere in it. Banks have to follow Reserve Bank of India guideline. They have to worry about their non-performing assets. They have to decide on the basis of the business plan of the company,'' he said.
22/02/12 Vinay Kumar/The Hindu

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Categories: Kingfisher Feb 2012