Saturday, 20 October 2012

India May Suspend Kingfisher License

India's grounded Kingfisher Airlines could have its license suspended this weekend after the debt-laden carrier failed to satisfy the regulator's concerns about its operations, a regulatory source said.
The Directorate General of Civil Aviation had asked the carrier earlier this month why its license to fly should not be cancelled for failing to provide a "safe, efficient and reliable service".
However, while Kingfisher submitted a reply to the regulator, it did not respond to the regulator's main queries and asked for more time, India's director general of Civil Aviation Arun Mishra said.
"Suspension of license is very much on the cards," and could happen as early as this weekend, the source, who has direct knowledge of the developments but declined to be identified because of the sensitivity of the matter, said on Friday.
Mishra said Kingfisher had sought more time to reply to its notice. A reply was due by Saturday.

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