The Directorate General of Civil Aviation (DGCA) has given a clean chit to cash-trapped Kingfisher Airlines, in it safety audit. According to the report, the aviation regulator has not found any safety lapse by KFA, reports CNBC-TV18.
However, KFA has been asked to respond on procedural issues. The Vijay Mallya led-company is likely respond to safety audit by October 30.
Meanwhile, the DGCA is working with state govts to lower taxes on air turbine fuels (ATF). It is also hoping to bring down ATF prices by 5-10% in near future.
25/09/12 moneycontrol.com
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However, KFA has been asked to respond on procedural issues. The Vijay Mallya led-company is likely respond to safety audit by October 30.
Meanwhile, the DGCA is working with state govts to lower taxes on air turbine fuels (ATF). It is also hoping to bring down ATF prices by 5-10% in near future.
25/09/12 moneycontrol.com
