Saturday, April 13, 2013

Kingfisher Airlines again submits revival plan

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April 10, 2013 18:48:22 IST
New Delhi  : Financially stretched Kingfisher Airlines Wednesday submitted a plan to restart operations to the aviation regulator which had cancelled its flying licence over safety concerns last year.

Kingfisher Airlines again submits revival plan
“We have submitted a complete (revival) plan. We have requested (the Directorate General of Civil Aviation) for restoring our license (Scheduled Operator’s Permit – SoP),” Kingfisher Airlines CEO Sanjay Aggarwal told reporters after meeting DGCA chief Arun Mishra here.
“We have given a complete plan, which includes our schedule that we plan to operate, the aircraft we plan to operate and the number of people we have. The entire plan has been shared,” Aggarwal said.
According to Aggarwal, the company plans to initially start operations with funding coming in from the parent UB (United Breweries) Group, with a total fleet of seven aircraft.
“We plan to start with five Airbus and two ATR aircraft,” he said.
                                                                                                 
                                                                                              BIRENDRA KUMAR
                                                                                              PGDM 2sem

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