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Kingfisher replies to DGCA showcause notice

Firm says resumption plan can be given once all issues have been sorted out with employees
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First Published: Fri, Oct 19 2012. 07 25 PM IST
The airline, which has been locked out since 1 October, needs to submit a revival plan to DGCA before it can start operating services again. Photo: Hindustan Times
The airline, which has been locked out since 1 October, needs to submit a revival plan to DGCA before it can start operating services again. Photo: Hindustan Times
Updated: Sat, Oct 20 2012. 12 01 AM IST
New Delhi: Kingfisher Airlines Ltd said on Friday that it has replied to the aviation regulator’s showcause notice on why its licence should not be suspended.
“We have replied to showcause notice issued within the stipulated time period,” a spokesman for the airline said, without giving details. The airline had to reply to the regulator’s 5 October notice by 20 October.
The airline, which has been locked out since 1 October, needs to submit a revival plan to the Directorate General of Civil Aviation (DGCA) before it can start operating services again. The carrier expects to resume flights on 6 November.
“The resumption plan can be submitted (to DGCA) once all issues have been sorted out with employees,” the spokesman said.
A senior Kingfisher Airlines executive, requesting anonymity, also said the airline had submitted replies to the regulator, without disclosing details. Mint could not immediately contact DGCA for comment.
DGCA had asked the airline to demonstrate why its permit to fly should not be suspended or cancelled for failing to establish a “safe, efficient and reliable service” and gave it 15 days to submit its reply.
Kingfisher had previously grounded flights until 20 October. The industry regulator on Wednesday rejected Kingfisher’s winter schedule, prompting speculation that flights will continue to be grounded past the 20 October deadline.
Shares of Kingfisher Airlines dropped 4.58% to close at Rs.11.45 on Friday on the BSE, when the benchmark index, the Sensex, dropped 0.58% to close at 18,682.31 points.
Vijay Mallya’s debt-laden United Spirits Ltd (USL) said it will sell Rs.4.6 crore worth of shares in Pioneer Distillers.
(Mihir Dalal and Reuters contributed to the story)
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First Published: Fri, Oct 19 2012. 07 25 PM IST
More Topics: Kingfisher | Airlines | DGCA | Vijay Mallya | Notice |
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