New Delhi: Grounded airline Kingfisher is likely to lose its licence, a government source said on Friday.
"Suspension of licence is very much on the cards," the source said, adding that it could be as early as October 21 or 22.
The action comes after debt-laden Kingfisher sought more time to respond to the aviation regulator's showcause notice on why its license should not be cancelled or suspended.
19/10/12 Reuters/Times of India
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"Suspension of licence is very much on the cards," the source said, adding that it could be as early as October 21 or 22.
The action comes after debt-laden Kingfisher sought more time to respond to the aviation regulator's showcause notice on why its license should not be cancelled or suspended.
19/10/12 Reuters/Times of India