Kingfisher implements new flight schedule

Victoria
By Victoria February 23, 2012 15:44

Kingfisher implements new flight schedule


Kingfisher Airlines stated today that it had started truncated operations in accordance with its new flight schedule, as the Indian aviation regulator (DGCA) examined its operational details to consider whether to take any punitive action against it. The remains uncertainty over moves by a consortium of 13 bankers to offer a fresh loan for the beleaguered carrier, amid reports that the lead bank State Bank of India has agreed to provide Kingfisher a Rs 1,650 crore relief package.

The DGCA has begun examining the submissions made by Kingfisher officials, examining the airline’s fresh and curtailed schedule to operate 175 daily flights with 28 operational aircraft, and whether it was fulfilling the requirement that 10% of its flights would be in the Northeast and other remote places. Kingfisher has started operating its flights as per the revised schedule it submitted to the DGCA on Monday.

The airline’s bank accounts have been frozen by the Central Board of Direct Taxes as it has to pay Rs 40 crore dues in indirect taxes by 31st March 2012.

Victoria
By Victoria February 23, 2012 15:44
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