New Delhi: By this weekend, the Directorate General of Civil Aviation (DGCA) could take some tough action against Vijay Mallya. Director General EK Bharatbhushan told Firstpost today that though Mallya’s Kingfisher Airlines is sticking to its truncated schedule, which it had filed with the aviation regulator this February, it has still not reverted with a recovery plan for the airline.
“This is completely unacceptable. We are very concerned and in a day or two we will come to a decision on Kingfisher”. Though he refused to specify what the decision would be, the Aircraft Rules allow for Kingfisher’s Scheduled Operator Permit (SOP) to be cancelled if the airline continues to suffer extreme financial stress, is unable to maintain the integrity of flight schedules and causes extensive passenger inconvenience.
Kingfisher has a total debt of about Rs 7,057 crore and accumulated losses of about Rs 6,000 crore. AP
Bharatbhushan said apart from sticking to their truncated flying schedule, which specifies that 20 aircraft will be available for operations daily (against more than 60 earlier), the regulator is also continuing with its special safety oversight on a daily basis to ensure safety of passengers on Kingfisher flights.
10/07/12 Sindhu Bhattacharya/Firstpost
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