Mumbai: Civil aviation minister Ajit Singh has said the government had no role to play in lenders recalling Kingfisher loans and said it will not allow the airline to fly till a credible revival plan is in place.
Singh's statement on latest crisis hitting the airline is an indication of government's non interventionist approach and adds to uncertainty of the airline's 3,000 odd employees who have not paid since last eight months. Kingfisher which has been grounded since October and employees have not received salaries from month of June onward.
"The aviation ministry has no role to play in whatever is happening between Kingfisher and banks. Unless Kingfisher submits an operationally and financially viable plan it will not be allowed to fly,'' Singh told reporters on Wednesday.
13/02/13 Aneesh Phadnis/Business Standard
