Kingfisher under DGCA scanner, orders probe

Posted By: Ria
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New Delhi, Feb 19: An enquiry has been started on Sunday, Feb 19, by the Directorate General of Civil Aviation (DGCA) into the cancellation of Kingfisher flights.

The DGCA has demanded for a full report by Sunday evening, sources claimed. Over 50 flights have been cancelled all over the country, reported by media.

The scheduled flights has been cancelled without informing regulator, which is a clear violation of rules. If the situation deteriorated further, The Kingfisher license can be terminated.

The flights disruptions were due to unexpected incidents like bird hits, Kingfisher spokesperson said.

"The speculation that we are reducing our operating schedule from 240 flights a day is ill-founded, as we will operate the full schedule on our booking system within the next four days," the spokesperson said.

While, the income tax authorities has seized one of the bank accounts of Kingfisher.

Explaining the Bank issue, Spokesperson said in the past also they faced similar issues but it was resolved. "We have had a good meeting with our consortium of banks who have accepted, in principle, the viability study prepared by SBI Capital markets and independent consultants. Our request for additional working capital has been acknowledged by the consortium and is subject to individual bank approvals," he added.

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