Kingfisher Airlines says flying permit expiry not a problem

NEW DELHI Mon Dec 31, 2012 7:51pm IST

A lone Kingfisher Airlines customer waits in a check-in queue at Mumbai's domestic airport February 21, 2012. REUTERS/Vivek Prakash/Files

A lone Kingfisher Airlines customer waits in a check-in queue at Mumbai's domestic airport February 21, 2012.

Credit: Reuters/Vivek Prakash/Files

Related Topics

Stocks

   

NEW DELHI (Reuters) - Kingfisher Airlines said expiration of its operating licenses, set for Monday, was not a cause for concern as the grounded Indian carrier has two years to renew the license and permits required to fly.

"Despite the impending expiry of its license tonight, there is no cause for concern as the regulations permit license renewal within two years of expiry," the company said in a statement.

It also added that it was "confident" of securing approval from the Directorate General of Civil Aviation (DGCA) to re-start operations and that it was in the process of replying to concerns raised by the regulator.

(Reporting by Anurag Kotoky; Writing by Arup Roychoudhury; Editing by Frank Jack Daniel)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Economy

REUTERS SHOWCASE

RBI Annual Report

RBI Annual Report

RBI reiterates commitment to bring down inflation .  Full Article 

Economic Pulse

Economic Pulse

Economy to grow 5.8 pct in 2014/15, says Mayaram.  Full Article 

Monsoon Update

Monsoon Update

Monsoon to display lull as floods ease.  Full Article 

Regulatory Troubles

Regulatory Troubles

U.S. regulator alleges Dr Reddy's breached packaging rules  Full Article 

Defence Sector

Defence Sector

Indian firms tool up for defence orders on Modi's 'buy India' pledge  Full Article 

Factory Activity

Factory Activity

Economy fears deepen as August HSBC flash PMI at three-month low  Full Article 

Fed Minutes

Fed Minutes

Fed notes labor market progress, but not convinced yet - minutes  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage