Kingfisher airlines revival plan fails to impress dgca - cash strapped kingfisher airlines' plans to once again start operations stands grounded as the airline officials have not submitted a concrete revival plan before the directorate general of civil aviation (dgca) to restart operations. New delhi: kingfisher airlines' flying licence has been suspended by the aviation regulator for failing to come up with a viable financial revival plan the vijay mallya-promoted airline, which. The revival plan of the kingfisher airline clearly depicts various environmental friendly solutions one step is to adopt small sized aircraft which will consume lesser fuel leading to lower carbon emission. Your daily round-up of the best of wall street journal's india coverage: kingfisher submits revival plan: kingfisher airlines ltd said wednesday it has sought approval from india's civil. India's kingfisher airlines ltd , controlled by liquor baron vijay mallya, cancelled all flights through thursday because of labor unrest and was ordered by the aviation regulator to submit a.
The employees of the grounded kingfisher airlines, who have not been paid for eight months now, had yesterday threatened to file a winding up petition in the court under the company's act, if the management did not share its revival plan with them. The aviation regulator also said kingfisher would need approval for its revival plan from the oil companies and airport operators, as the cash-strapped airline has been continuously defaulting in. After remaining grounded for over three months, ailing carrier kingfisher airlines(kfa) on monday submitted its interim revival plan to the directorate general of civil aviation(dgca) to resume limited operations.
After weeks of uncertainty over kingfisher airlines' future, the directorate general of civil aviation (dgca) on saturday decided to suspend its licence the move came after the airline failed to come out with a viable operational and financial revival plan, for which it had been given an october 20 deadline. Kingfisher airlines revival plan find the complete information on kingfisher airlines revival plan get news, articles, pictures, videos, photos and more of kingfisher airlines revival plan on postjagrancom. Ahead of submitting a revival plan to aviation regulator dgca, kingfisher airlines chairman vijay mallya on wednesday met civil aviation secretary k n shrivastava and briefed him about the steps. Kingfisher airlines ltd on friday told the karnataka high court that a scheme is being worked out to revive the airline by finding investors the company, however, did not elaborate on its scheme in o. New delhi, dec 24 (ians) financially stretched kingfisher airlines monday submitted its revival plans to the aviation regulator which had cancelled its flying licence over safety concerns they (kingfisher airlines) submitted their revival plans to the director general of civil aviation (dgca) in a.
The revival plan was submitted by kingfisher airlines ceo sanjay agarwal to the civil aviation regulator last week in new delhi with the aim of renewing the flying license of the airlines which was suspended since december 2012. A revival plan the airline submitted to the nation's aviation regulator last week wasn't backed by details of funding, civil aviation minister ajit singh said dec 26. Kingfisher airlines share price today, kingfisher airlines stock price, kingfisher airlines bse/nse live share price, stock performance, stock quotes, charts & more on the economic times.
Kingfisher airlines chairman vijay mallya met top officials of the civil aviation ministry and the directorate general of civil aviation to expedite operational clearance. Kingfisher airline revival plan cost analysis variable cost commission expense fuel cost employee cost fixed cost aircraft leasing cost and depreciation landing and navigation cost and also lower the time cost on passengers. Kingfisher airlines is understood to have submitted an interim revival plan to the directorate general of civil aviation (dgca), seeking approval to take to the skies once again after being grounded f. Kingfisher was the only airline selected for this tone during the one-and-a-half hour press conference, which could make it difficult for it to lease any aircraft from the international market. Aviation regulator directorate general of civil aviation (dgca) has suspended the flying licence of kingfisher airlines for failing to come up with a viable financial revival plan the vijay.
New delhi, dec 24: ailing carrier kingfisher airlines on monday submitted its revival plan to aviation regulator dgca in a bid to restart limited operations after having remained grounded for. Civil aviation on the grounds that the airline has failed to sketch a revival plan and has caused huge inconvenience to customers owing to frequent fl ight cancellations. A revival plan has been submitted to the dgca which is under consideration further, discussions are in progress with some prospective investors for restarting the airline operations,'' mallya said in the 2012-13 annual report of ub group (holdings) ltd, the holding company for kingfisher airlines. Kingfisher airlines invites sharp criticism from auditors over revival plan kingfisher airlines has never reported a full-year profit as yet.
Mallya writes to employees, lists out revival plan with employees threatening to move court for closure of the company, kingfisher airlines chairman vijay mallya on thursday finally broke his. India's beleaguered kingfisher airlines is working on a revival plan for efficient and reliable operations to regain its air operator certificate, which expires dec 31. New delhi: after remaining grounded for over three months, kingfisher airlines on thursday applied for renewal of its operating licence but did not submit its crucial financial and operational revival plan, official sources said the application for renewal of its scheduled operator's permit (sop. The revival plan submitted by debt-laden kingfisher airline was not backed by a clear funding proposal, said aviation minister ajit singh on wednesday.
Grounded kingfisher airlines today made another attempt to convince dgca on its revival plans, but failed to provide any details on its funding which the aviation regulator wanted.