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Kingfisher gets a breather; oil supply resumed


Kingfisher Airlines
New Delhi, Mar 6: In a major relief to Kingfisher, oil supply was resumed to the cash-starpped airlines after receiving a full payment from it.

Oil companies stopped oil supply to the airlines after it failed to pay its dues.

The Income-Tax department earlier froze atlest 19 accounts of the airlines and it is believed that the UB Group accounts would also be frozen now. A show-cause notice amounting to Rs 350 crore was also issued to the airlines management for non-payment of dues earlier.

Meanwhile, while the airlines is entangled heavily in a debt trap, passengers expressed their disappointment over its service.

"After issuing us a boarding pass, the flight got delayed for over 6 hours. We got upset and protested, we were told that they don't have enough fuel to fly. They say the management is talking to oil companies. At least 7 to 8 flights are cancelled," said one of the Kingfisher passengers.

"I want to know why are they bothering to keep the operations running. Instead of having this headache everyday they should just shutdown once and for all. There is no communication from the management," complained another.

OneIndia News

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