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Aviation Minister to Decide Kingfisher Airlines’ Fate, Says Waiting for DGCA Report

  • Speaking further about government’s decision on Kingfisher, Singh said, “we are waiting for the DGCA report on Kingfisher Airlines.” He further said that the government would not defend the airline, if legal action was taken or required against it.The aviation minister had earlier said that cancellation of flying permit of any airline would be injurious to the health of the industry. However, at the same time he maintained that, if flight safety was compromised in the name of cash crunch the aviation companies could face cancellation of permits.

  • Kingfisher Airlines 's chief Vijay Mallya, On Wednesday, had met Singh to discuss the airline’s financial and operational status. However, post the meeting, both Singh and Mallya did not speak to the media.The cash-strapped airline, on Wednesday, gave a new flight schedule to the DGCA, in which KFA said that it would run 110-120 daily flights with 20 planes in summer. This was Kingfisher’s third cut in its schedule to the aviation regulator. Earlier, the debt-crippled carrier had said it will cut back its overseas flights as part of its recovery plan.At 11:04 a.m., Kingfisher Airlines’ stock was trading at Rs % on the BSE.

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