Friday, November 09, 2012

No time frame set for Kingfisher’s revival: DGCA

Hyderabad:  Aviation regulator DGCA on Thursday said that no time frame has been set for the debt—ridden Kingfisher Airlines to submit its comprehensive revival plan.
Director General of Civil Aviation, Arun Mishra said the proposal will be examined in all aspects before taking decision on revoking its license.
“They (Kingfisher) said they will submit the revival plan. There is no time frame for that. Whenever they are ready they can come. We have not got any indication from them when they are going to come to us,” Mishra said on the sidelines of ACI Asia—Pacific Small Airport seminar.
The DGCA had suspended Kingfisher’s Scheduled Operators Permit (SOP) on October 19 till further orders after a lockout and its failure to come up with a viable plan of financial and operational revival.
08/11/12 PTI/Business Line
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