Business and Finance

Kingfisher seeks regulatory approval from DGCA to relaunch ops

PTI

After remaining grounded for over six months,  Kingfisher Airlines today sought  regulatory approvals to relaunch  its operations and submitted plans to the DGCA on  infusion of funds  and revival of its flights.

 "We have shared the funding and traffic plans. The initial funding  to restart the  airline will come from the (parent UB) Group. We have   also requested that our (flying)  licence be renewed," the airline's CEO Sanjay Aggarwal told reporters after meeting  GCA chief Arun Mishra here.

Sources in the Directorate General of Civil Aviation said they would  examine the  plan thoroughly before taking a call.

 Kingfisher's flying licence or the Scheduled Operator's Permit (SOP)   was suspended in October and later lapsed in December after the airline as grounded  following a strike by its employees, including pilots,  over non-payment of dues.

  The meeting came months after DGCA sought written commitment from  the  promoters of the airline that additional funds will be infused  by the parent company.

 According to the plan submitted today, Kingfisher would resume limited  operations with five Airbus A-320 and two turboprop ATR aircraft  and gradually step up  its operations by increasing the number of planes to 20.

Though Aggarwal did not say by when he planned to relaunch the flights,  the  sources said Kingfisher cannot resume operations before Winter  Schedule starting   october.

Aggarwal also claimed that Kingfisher has "everything required to  restart the  airline" and said "we have submitted the NOCs (no objection  certificates) also", but did   not  clarify which of its vendors had  given the NOCs.

The sources said while Kingfisher had obtained NOC from private airport   operators, it was yet to get NOCs from the Airports Authority of India, tax authorities and  banks.

 "They (Kingfisher) want to go ahead and therefore have requested  for renewal of  their SOP so that further action can be taken to restart  the airline," a source said.