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Business News/ Companies / News/  Kingfisher seeks renewal without revival plan
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Kingfisher seeks renewal without revival plan

Airline requests aviation regulator to renew permit without submitting a mandatory revival plan

The firm can revive its licence in the next two years if it can prove its operational and financial preparedness to the directorate. Photo: Ramesh Pathania/Mint (Ramesh Pathania/Mint)Premium
The firm can revive its licence in the next two years if it can prove its operational and financial preparedness to the directorate. Photo: Ramesh Pathania/Mint
(Ramesh Pathania/Mint)

New Delhi: Kingfisher Airlines Ltd has requested the aviation regulator to renew its permit without submitting a mandatory revival plan.

“We will not renew their licence without a turnaround plan," a official at the Directorate General of Civil Aviation said, requesting anonymity.

A spokesperson for Kingfisher declined comment. The airline’s licence lapses on 31 December.

Kingfisher has only submitted a form, “which is usual paper work and doesn’t mean anything", said the official. The regulator will not even reply to the request, this official added, adding the airline’s permit will lapse on its own, as no other information has been given by the Vijay Mallya-promoted firm. The regulator had grounded the airline on 20 October. The firm can revive its licence in the next two years if it can prove its operational and financial preparedness to the directorate.

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Published: 20 Dec 2012, 09:56 PM IST
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