India's Kingfisher Airlines loses licence to fly
India's troubled Kingfisher Airlines has lost its permit to fly after a
deadline to renew its suspended licence expired, the national aviation
regulator said on Tuesday.
The news is a fresh blow for the debt-laden carrier whose
operations have been grounded since October after employees went on
strike over unpaid wages.
"Kingfisher's flying permit has lapsed," Directorate-General of Civil Aviation chief Arun Mishra said.
"They failed to provide additional details on the funding of operations," Mishra added, referring to Kingfisher's revival plan submitted to the DGCA last month.
"Kingfisher is confident of securing approval from the regulator on the restart plan, licence approval and reinstatement of its operating permit," its spokesman Prakash Mirpuri said in a statement late Monday.
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"Kingfisher's flying permit has lapsed," Directorate-General of Civil Aviation chief Arun Mishra said.
"They failed to provide additional details on the funding of operations," Mishra added, referring to Kingfisher's revival plan submitted to the DGCA last month.
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But the airline said there is no "cause for concern" as the rules allow for the renewal of a permit within two years of expiry."Kingfisher is confident of securing approval from the regulator on the restart plan, licence approval and reinstatement of its operating permit," its spokesman Prakash Mirpuri said in a statement late Monday.
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(first published in The Sydney Morning Hearald on January 2, 2013)
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