Kingfisher Airlines, the grounded carrier controlled by liquor tycoon Vijay Mallya, has given an application to the Directorate General of Civil Aviation ( DGCA) to renew its licence, due to expire on December 31.
The aviation regulator, however, will not respond to the application till Kingfisher submits a viable revival plan, satisfying stakeholders such as vendors and airport operators, according to a civil aviation ministry official, who declined to be identified. Even if the licence expires this month, the carrier has two years to submit a revival plan to DGCA.
According to the Air Transport Circular No 1 of 2007: “It has been decided by the competent authority, that if an operator fails to renew the operating perm it within two years of its expiry, the same will stand automatically cancelled and the operator will be required to apply afresh for NOC (no objection certificate) to start scheduled/non-scheduled services, as the case maybe.”
21/12/12 Disha Kanwar/Business Standard
