Kingfisher Airlines almost got grounded by ex-DGCA chief Bharat Bhushan

New Delhi: Struggling carrier Kingfisher Airlines was perilously close to having its operating permit suspended by the country's former aviation regulator, an extensive review of government documents by ET shows.
On July 9, a day before he was abruptly removed from his post, EK Bharat Bhushan, the head of the Directorate-General of Civil Aviation (DGCA), noted in a file on the financial surveillance of Kingfisher that "the airline maybe issued a notice that unless it is able to clear its liabilities, or a substantial portion thereof, including employee wages, which have remained unpaid since February 2012, within 15 days, we will be constrained to suspend the operating permit of the airline".
The note was the culmination of a series of investigations into the operations of Kingfisher, which has been hobbled by rising debt and liabilities and strikes by pilots over unpaid salaries.
28/07/12 Binoy Prabhakar/Times of India

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Categories: Kingfisher Jul 2012