Thursday, January 03, 2013

Hope Kingfisher takes off again: Ajit Singh


New Delhi: Minister for Civil Aviation Ajit Singh said he hoped that for the sake of its employees, banks and passengers, Kingfisher Airlines was able to take to the skies again.
In an informal interaction with the media here on Wednesday, Singh said the airline had not renewed its licence when it expired on December 31, 2012.
“Kingfisher has two years to renew its licence. They will still have to apply again and satisfy the regulator, apart from ensuring financial stability before being allowed to fly. If they do not fly again, there will be collateral damage,” the Minister said.
02/01/13 Business Line
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