News

Kingfisher’s Flying Permit Lapses

Kingfisher’s Flying Permit Lapses

India’s debt-ridden Kingfisher Airlines, which has been grounded since October after repeated strikes by employees over unpaid wages, has seen its flying permit lapse after a 1st January deadline to renew its suspended license expired. The airline had failed to provide additional details on operational funding, but can apply for reinstatement of the licence within two years, after which a completely new licence application would be required.

Kingfisher Airlines

Kingfisher is believed to have debts of US$1.4 billion and has not been able to pay its dues to staff, airports, tax agencies and its lenders.

The airline has been in discussions regarding a possible buy-in by Etihad Airways – but Etihad is also believed to be having talks with rival Indian private carrier Jet Airways.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 52 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 42 years.

More in News

KLM’s First Boeing 787-10 Dreamliner

Michael FloodJuly 22, 2019

Dublin Airport Installs Automatic Aircraft Parking System

Michael FloodJuly 22, 2019

Emirates ‘Scores a Try’ with New Dubai Rugby Sevens A380 Livery

Michael FloodJuly 22, 2019

Royal Caribbean International Reveals New Allure of the Seas Features

Neil SteedmanJuly 22, 2019

Irish Ferries Family Summer Discounts to LEGOLAND Windsor Resort

Neil SteedmanJuly 22, 2019

British Airways and Lufthansa Suspend Flights to Cairo

Michael FloodJuly 21, 2019

Barry Hammond Wins Trip to Thailand

Michael FloodJuly 18, 2019

Dublin Airport’s First Responders Programme Saves 28 Lives

Michael FloodJuly 18, 2019

Visit California Summer Roadshow Comes to Dublin

Ian BloomfieldJuly 18, 2019

Copyright © 2019 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland