January 22, 2013 / 10:29 AM / 5 years ago

Kingfisher needs at least $186 mln to restart ops - minister

NEW DELHI, Jan 22 (Reuters) - Grounded Indian carrier Kingfisher Airlines needs at least 10 billion rupees ($185.65 million) to restart operations, aviation minister Ajit Singh told reporters on Tuesday.

All stakeholders will have to give no-objection certificates for the carrier to fly again, he said.

Earlier, a government source told reporters India is willing to support the revival plan of Kingfisher Airlines if it were to settle its employees' dues.

$1 = 53.8650 Indian rupees Reporting by Anurag Kotoky; Editing by Prateek Chatterjee

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