New Delhi: A day after the government warned Kingfisher Airlines that its flying licence could be cancelled, Civil Aviation Minister Ajit Singh today said he is awaiting a report from DGCA on the ailing airline for taking further action.
"We are waiting for report from the DGCA on Kingfisher Airlines. The DGCA has not submitted any report to the government," he told reporters here.
Singh said the government will not defend the Airline if legal action is taken against it.
Asked about abnormal increase in airfare due to the Kingfisher crisis, Singh said he has not seen any such hike. "It is as per their system," he said.
The crisis-hit airline has decided to suspend all international flights from March 25 and further curtail domestic operations even as the government warned the carrier that its flying licence can be cancelled if it failed to meet safety norms and financial viability conditions.
Kingfisher has a total debt of about Rs 7,057 crore and accumulated losses of about Rs 6,000 crore.
21/03/12 Press Trust of India/Business Standard
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment