DGCA suspends Kingfisher's flying license
By PTI - NEW DELHI
20th October 2012 02:10 PM
-
Suspension of flying licence implies an immediate halt to all bookings on the entire Kingfisher network as well as through travel agents, the DGCA officials said. (File/PTI)
Aviation regulator DGCA today suspended the flying licence of beleaguered Kingfisher Airlines for failing to come up with a viable plan for its financial and operational revival and resolve the impasse with its employees over payment of their salary dues.
The Directorate General of Civil Aviation (DGCA) has suspended the Scheduled Operator Permit of Kingfisher Airlines till further orders, Civil Aviation Ministry officials said.
Suspension of flying licence implies an immediate halt to all bookings on the entire Kingfisher network as well as through travel agents, the officials said.
The liquor baron Vijay Mallya-owned carrier has been saddled with a loss of Rs 8,000 crore and a debt burden of another over Rs 7,524 crore, a large part of which it has not serviced since January. The airline currently has only 10 operational aircraft compared to 66 a year ago.
Asked why the license was suspended, the officials said the government did not want a situation where the airline, which was on cash-and-carry mode for almost all service providers, re-starts operations and then keeps flying in fits and starts, as has been happening since last year-end.
The airline, under a lockout since October one and resultant suspension of entire operations, had yesterday sought more time to respond to the DGCA's show-cause notice but did not give any timeline by which it would do so.
The DGCA had issued the show-cause notice on October 5 to the crisis-ridden carrier asking why its flying licence should not be suspended or cancelled as it was not adhering to its flight schedule and "abruptly cancelling its flights time and again during the last 10 months", causing great inconvenience to the travelling public.
The aviation regulator had given the airline 15 days to respond, the deadline for which expired today.
Related Articles
Post a Comment
Recent Activity
- For team Rahul, it’s good politics that will yield rich dividends for poor Indians
- Incredible India! Cuppa at Rs 1,200 is Chiru’s idea of sustainable tourism
- Farmer gets wise, beats drought with micro-irrigation
- Translation to go hi-tech; C-DAC to launch ‘Translator’
- Hurdles galore as UPA walks road to Ballot 2014
- BJP's post-Karnataka gloom: Neither united nor untainted
- Hit by chit fund scam Mamata faces biggest challenge in 2 years
- Key relationships
- Car makers run into diesel dilemma
- Jaya expresses grief over pontiff's death
- Western Ghats: Gadgil’s missive to Kasturirangan opens fresh debate
- Siddaramaiah has his way with team
- Man arrested for attempt to attack TV host Ranjini Haridas
- NEET 2013: CBSE gaffe leaves students in a fix
- Rs 8K-crore plan for upgrading ICVs of Army
Comments(2)
Welcome move. Congrats DGCA! But what about the employees? Remember the suicide of a KFA employee in Delhi last month. I suggest that the Government must hand over KFA to competent party as it did the disgraced Satyam Computers.
Posted by Prof.A.Prabaharan at 10/20/2012 16:43 Reply to this Report abuse
not only employees but banks who has advanced to airlines also will come under pressure of NPA. most banks are public sector people money is lost
Posted by Dilip Kumar at 10/20/2012 18:49 Reply to this Report abuse