Vijay Mallya's Good Time over, KFA's licence suspended

Directorate General of Civil Aviation (DGCA), the aviation regulator, on Saturday announced its decision of cancelling the licence of the airlines which has failed to provide a satisfactory response to the DGCA.
The DGCA earlier had issued a show-cause notice to crisis-ridden Kingfisher Airlines asking it to explain why its licence should not be suspended or cancelled. Dec 20 was set as the deadline for the airline.
Despite receiving their response, DGCA was not convinced and axed its license to fly. Expecting to have a settlement with its protesting pilots and other employees, the airline officials earlier had sought for more time and a personal hearing, but failed to answer to DGCA's questions regarding its financial plan or operational plans.
The airlines earlier had announced a partial lockout till Oct 23 and expected to resume its operation from Nov 2012. Now, DGCA's latest decision of suspending its licence has brought the national career to ground completely.
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