Kingfisher Airlines Responds To DGCA Notice
A day before the Oct. 20 deadline, Kingfisher Airlines Friday replied to a show cause notice served to it by the Directorate General of Civil Aviation (DGCA), the aviation regulator in India.
The cash-strapped airline, which has grounded all its flights since Oct. 1 because of the employees strike, has reportedly submitted its revival plans to the DGCA. However, the details of the plan have not been revealed.
The DGCA served a notice on the beleaguered airlines Oct 5 asking it to reply within 15 days why its license should not be cancelled over the unreliable and inefficient service, as all its flights remain cancelled.
According to the local media reports, Kingfisher Airlines has assured the DGCA that it will resume operations by Nov 6.
After the failed meeting with the employees Wednesday, the debt-laden airline said that it would extend the partial lockout period beyond Oct.20.
The airline, which is controlled by liquor baron Vijay Mallya, faces cancellation of its license as it employees have refused to work till their salaries, pending for the last seven months, are paid.
It has also defaulted on the payments to its creditors, airport authorities and tax department and has a total debt load of Rs 70 billion to its creditors.
Adding to its woes, the DGCA said Wednesday that it had not approved Kingfisher’s winter schedule.
Meanwhile, quoting government sources, NDTV reported that airline’s license was likely to be cancelled.
Launched in 2005, the Kingfisher was once India’s second largest airline, but it has never made a profit.
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