Skip to main content

Kingfisher Airlines Ltd CMD Dr Vijay Mallya met with the Director General of Civil Aviation Mr Arun Mishra




 Kingfisher Airlines Ltd promoter Vijay Mallya met the aviation regulator on Friday and assured it that the airline plans to submit a revival plan before the end of the month and was in talks with investors, and airport operators and oil companies to which it owes money.
Mallya’s meeting with director general of civil aviation Arun Mishra follows a meeting with aviation secretary K.N. Srivastava two weeks ago.


“We will have to study the revival plan once they submit it, then we will examine and take a final view,” Mishra said, adding the regulator will audit the airline before allowing it to fly.
The directorate general of civil aviation (DGCA) suspended the airline’s licence in October on grounds that it could not provide safe and reliable flights to consumers, after labour unrest and financial troubles.
“It’s a long process,” Mishra said, referring to pilot and plane checks that will be needed before the airline’s suspended licence is reinstated.
A person familiar with the matter said Mallya would try to announce the name of an investor before the 31 December deadline for the expiry of the suspended licence. The person didn’t want to be named.
Lenders led by State Bank of India want Mallya to infuse capital into the airline only after which will they put in their own money. The lenders were expected to hold a key meeting with Kingfisher on 8 December but the meeting has now been postponed to 17 December, the eve of Mallya’s birthday.
Kingfisher Airlines has not paid bankers since January.




Ajit Singh asks state-CMs to reduce aviation fuel taxes
Moneycontrol.com
Fri, Dec 07, 2012 at 13:09. Ajit Singh asks state-CMs to reduce aviation fuel taxes. In an attempt to bring down operating cost of airlines, civil aviation minister Ajit Singh on Friday asked chief ministers of states to reduce taxes on aviation fuel ...
See all stories on this topic »

Moneycontrol.com
Chinese Group Said in Talks to Buy AIG's Aircraft-Leasing Unit
Bloomberg
The group, which includes China Aviation Industry Fund and Industrial & Commercial Bank of China Ltd., is bidding for International Lease Finance Corp. together with ILFC's management, the people said, asking not to be identified because the talks are ...
See all stories on this topic »
MIAL asked not to charge increased penal parking fee
Economic Times
MIAL asked not to charge increased penal parking fee. NEW DELHI: Aviation tribunal has asked the Mumbai airport operator MIAL not to charge increased penal parking charges from private jets till the sectoral regulator AERA takes a final call on the issue.
See all stories on this topic »

Economic Times
The Kingfisher Airlines promoter will try to announce the name of an investor ...
Livemint
New Delhi: Kingfisher Airlines Ltd promoter Vijay Mallya met the aviation regulator on Friday and assured it that the airline plans to submit a revival plan before the end of the month and was in talks with investors, and airport operators and oil ...
See all stories on this topic »

Livemint
TEXT-S&P affirms LM US Member LLC (Landmark Aviation) 'B-' rating
Reuters
Dec 7 - Overview -- Landmark Aviation plans to acquire First Aviation Services using the proceeds from additional bank debt and an equity contribution from its sponsor. -- We are affirming our ratings, including the issue and recovery ratings on the ...
See all stories on this topic »
President calls for strengthening country's aviation, maritime sectors
Ceylon Daily News
The President was speaking at the centenary celebration of the civil aviation sector of the country, at Temple Trees yesterday. The cancellation of four new postage stamps also took pace to mark this occasion and the first day cover was presented to ...
See all stories on this topic »
Flights carrying passengers without surveillance: report
Hindustan Times
Several flights ferrying thousands of passengers in the country operate without the aviationregulator's surveillance, according to the report submitted by a government independent air safety committee. The report by the Civil Aviation Safety Advisory ...
See all stories on this topic »
Aviation spreads its wings to a new globalmarket
Irish Independent
Once a luxury reserved for the well-to-do, air travel is now as cheap as chips. Its impact has been vast, on both economies and societies. And an even bigger chunk of the world's population – from China to India and Africa – is poised to be counted ...
See all stories on this topic »

Comments

Popular posts from this blog

Guest Post Available on these sites

Guest Post Available on these sites. At just 100$ [For all Sites]  www.AirCrewsAviation.com www.Air-Aviator.com www.AlfaBloggers.com www.AllInOneShoppingApps.com www.Flying-Crews.com www.Portrait-Business-Woman.com www.BestInternationalEducation.com www.SatpuraJungleRetreat.com www.WorldOfAirplane.com www.AsiaBlogAward.com www.Fintech-Start-Up.com www.AnxietyAttak.com www.GuideByLocal.com Contact  +91 91318 68158 shubham@alfabloggers.com

New Tools to Identify and Protect Against Cloud Computing Problems

New  Tools  to Identify and Protect Against Cloud Computing Problems Overclockers Club This new  tool  is a very light program, taking less than 1% of a CPU's maximum load and using only 16 MB of memory, that monitors system level information for any deviations from the norm. If a virtual machine sees a sudden change in CPU, memory  ... See all stories on this topic » Increased  Internet  access aims at closing rural-urban education gap Global Times This semester, she is teaching at her hometown elementary school with the aid of the  Internet  and multimedia facilities,  tools  she first used only after she had become a college student. Xujiadu Primary School, where she works, is one of the  ... See all stories on this topic » Casual Collaboration Sweetened by Ribose Einnews Portugal The new web platform,  www.ribose.com , brings together an unmatched collection of  tools , applications and widgets that harness the real-time, social and cloud-based flexibility of today'

Online Blogger Training Program

Online Blogger  Training Program www.AlfaBloggers.com 5 Days Basic  Online Blogger  Training Program [Classes Mon To Fri  ]    2021 To    2021  Timing : 5PM to 5:45 PM  Present Online Blogging  Training Program [5 days a week for 1 Week Only ]  Age : 10Years to 35 Years Only Fees : USD $100 or  INR 899  Work From Home [WFH]   Free Blog  for All  Topics  What is a Blog and Blogging Find a Blog Niche.  Write about What You Love  How to Start a Blog  [Step By Step]  10 Places to Promote Your Blog Posts  To apply for this Position Contact Send us Your following Info on WhatsApp  +91 8851365156  +91 9977513452 Dept :   Online Blogger  Training Program 1. Full Name----------------- 2. Date of Birth---------------- 3. City ------------------- 4. Gender --------------    5. Age -------------- 6. Univ / Ins  -------------------- 7. Education : 8. WhatsApp : 9. Fees Rs 799 by GooglePay  9329737330  PayTm 9826037330 Plz Contact  our Corp Team Manbir Kaur   [Aero Engineer]  Director [Business Dev