Wednesday, November 07, 2012

Nobody knows if KFA will soar again

Bangalore: Uncertainly looms large over whether Kingfisher Airlines will start operations as the ministry of civil aviation is said to have set a deadline for the debt-ridden airline to present its resumption plan to renew its suspended licence.
Director General of Civil Aviation (DGCA) on October 20 had suspended Kingfisher’s scheduled operator’s permit till such a time when it submits a concrete and reliable revival plan to the satisfaction of the regulator. Now, the ministry has said that it is unlikely to renew the licence of Kingfisher Airlines if it fails to submit revival plans by December-end.
According to agency reports, the airline is said to have not come up with any revival plan as of now and that its licence is due to expire on December 31.
06/11/12 Daily News & Analysis
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