Ailing Kingfisher submits revival plan to DGCA
11 April 2013 8:26 AM IST
After remaining grounded for over six months, Kingfisher Airlines on Wednesday sought regulatory approvals to relaunch its operations and submitted plans to the Directorate General of Civil Aviation (DGCA) on infusion of funds and revival of its flights. ‘We have shared the funding and traffic plans. The initial funding to restart the airline will come from the (parent UB) Group. We have also requested that our (flying) licence be renewed,’ the airline’s CEO Sanjay Aggarwal told reporters after meeting DGCA chief Arun Mishra here. Sources in the DGCA said that they would examine the plan thoroughly before taking a call.
Kingfisher’s flying licence or the scheduled operator’s permit was suspended in October and later lapsed in December after the airline was grounded following a strike by its employees, including pilots, over non-payment of dues. The meeting came months after DGCA sought a written commitment from promoters of the airline that additional funds would be infused by the parent company.
As per the plan submitted on Wednesday, Kingfisher would resume limited operations with five Airbus A-320 and two turboprop ATR aircraft and gradually step up its operations.
Kingfisher’s flying licence or the scheduled operator’s permit was suspended in October and later lapsed in December after the airline was grounded following a strike by its employees, including pilots, over non-payment of dues. The meeting came months after DGCA sought a written commitment from promoters of the airline that additional funds would be infused by the parent company.
As per the plan submitted on Wednesday, Kingfisher would resume limited operations with five Airbus A-320 and two turboprop ATR aircraft and gradually step up its operations.
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