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Kingfisher suspended

The flying licence of India's Kingfisher Airlines was suspended Saturday after the debt-laden carrier failed to satisfy the aviation regulator's concerns about its operations, an official said.

The licence of the airline, whose fleet has been grounded for days due to a strike over unpaid salaries, has been suspended until it presents a “viable” revival plan, said R.K. Khanna, the deputy director general of civil aviation.

Kingfisher, which has billions of dollars in debts, has not paid staff for seven months and is desperately seeking a foreign buyer to save it from complete collapse.

Relations between the Kingfisher management and its staff reached a boiling point last month after the company declined to commit when it would settle its dues, prompting employees to boycott work.

“The stage had come when the airline neither had engineers nor pilots at work.

AFP

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