New Delhi: The Director General of Civil Aviation is still not convinced about the airlines' ability to defray its liability.
Briefing newspersons after a close to two-hour long meeting with the airline Chairman and Managing Director, Mr Vijay Mallya, the DGCA, Mr Bharat Bhushan, said, “I do not see that (defraying liabilities) emerging. Last meeting we had, they were talking about paying salaries by a particular date. I do not get that assurance even now. These are factors that are weighing on my mind. We will take a call.”
The DGCA said that “as on date there is no plan to cancel the airline licence.” He, however, cautioned that it is too early to decide on the fate of the airline.
“What conclusion I cannot share with you. He has submitted a lot of papers. I need time. I will make a status report to the Government which hopefully will have a recommendation on the way forward. There is no deadline. We will make a recommendation that can be as early as tomorrow,” he added.
20/03/12 Business Line
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