Kingfisher Airlines Is No more an Airlines ? Stares at licence suspension

Kingfisher Airlines stares at licence suspension  ? 

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Kingfisher Airlines Is No more an Airlines ?
Stares at licence suspension

Grounded Kingfisher faces another hurdle in getting airborne again.

NEW DELHI: Crisis-ridden Kingfisher Airlines could be on the verge of having its flying licence suspended. Like scores of its unpaid employees, vendors and service providers, the aviation ministry is also going to look for real money - and not just promises or timelines to pay - in the reply the airline has to file to Directorate General of Civil Aviation (DGCA)'s notice by Saturday.

Unless convinced that Kingfisher has the resources to operate as a schedule airline and maintain its timetable of flights with full safety, highly placed aviation authorities say they will go for licence suspension. "Kingfisher is on cash and carry by most service providers. We do not want a situation where the airline restarts operations and then keeps flying in fits and starts whenever its unpaid employees are not on strike and the service providers refusing to service it. We have seen enough of that since last November," said a senior official.

A formal decision on the airline's licence could be taken next week. "Kingfisher has not even asked for extension of the 15-day deadline to reply to the same. We have not even heard from the airline brass since October 2 when they were summoned to explain their position. Kingfisher promoter Dr Vijay Mallya is expected to be in Delhi next week as the Formula One Indian Grand Prix will take place at Greater Noida and that time he may speak what he has in mind for the airline," said an official.

Kingfisher Airlines stares at licence suspension Times of India NEW DELHI: Crisis-ridden Kingfisher Airlines could be on the verge of having its flying licence suspended. Like scores of its unpaid employees, vendors and service providers, the aviation ministry is also going to look for real money - and not just ... See all stories on this topic »

Kingfisher Airlines extends lockout until 5 November Livemint 12 05 AM IST. New Delhi: Kingfisher Airlines Ltd has again extended its lockout till 5 November, stretching the shutdown that began on 1 October because of an employee protest and was to end this Saturday. The cash-strapped carrier has closed ticket ... See all stories on this topic » Livemint

Kingfisher Airlines shares down 5 per cent, hit lower circuit Business Today Kingfisher Airlines shares fell about 5 per cent on Thursday after the company's meeting with the striking employees failed to resolve the deadlock. The management, led by Chief Executive Sanjay Aggarwal and HR head Hitesh Patel met the representatives ... See all stories on this topic » Business Today

Kingfisher may push re-launch to Nov 5 Hindu Business Line Kingfisher may push re-launch to Nov 5. Ashwini Phadnis. Share · Comment · print ·. T+ · T- · Tweet. New Delhi, Oct. 18: Has Kingfisher Airlines put off its re-launch till November 5? While airline officials declined to say anything on the issue ... See all stories on this topic »

Kingfisher Airlines stock hits lower circuit; down 5% Moneycontrol.com Kingfisher Airlines scrip today fell by about 5 per cent after the company's meeting with the striking employees failed to resolve the deadlock over unpaid salaries. Shares of the company opened weak and soon fell by 4.76 per cent to touch the lower ... See all stories on this topic » Moneycontrol.com

Kingfisher crisis: No winter schedule for Mallya's airlines India Today Kingfisher Airlines on Wednesday said it would have to extend the October 20 deadline it had set for itself to resume operations. A meeting with the striking employees has failed to resolve the deadlock, it was learnt. Check bounce case: Meanwhile, GMR ... See all stories on this topic » India Today

DGCA rejects Kingfisher Airlines winter schedule; stock down Economic Times MUMBAI: Kingfisher Airlines continued to drag lower after the Directorate General of Civil Aviation (DGCA) rejected giving it an approval to the winter schedule of flights. The regulator, which has already served a show-cause notice threatening to ... See all stories on this topic »

Kingfisher Air slips 5% on likely suspension of licence Moneycontrol.com Kingfisher Air slips 5% on likely suspension of licence. r Airlines slipped 5% to Rs 12 after the civil aviation minister said that the airport regulator may suspend or cancel the company's flying licence. Source: Moneycontrol.com. Share · Tweet ... See all stories on this topic » AeroSoft SEO Best Cab services worldwide Fly Safe Academy School of Internet Marketing Best tour packages worldwide Best Beauty pageants Best B2B Services Best B2C services Educational Tour Power Services Realstate services Aero Webmark Book cheapest Flight Construction & Buillders Best IPhones Pilot Training AirBus Trainning A320 Best Mobile,mobile reviews BOEING Trainning 737-800 NG Best Study Material Best Honeymoon packages