Cannot advocate banks bailing out Kingfisher: Singh
February 21st, 2012 - 12:56 pm ICT by IANSNew Delhi, Feb 21 (IANS) The government cannot advocate a bail-out of Kingfisher Airlines by banks, Civil Aviation Minister Ajit Singh said Tuesday ahead of a meeting of the cash-strapped carrier with the Directorate General of Civil Aviation (DGCA) following large-scale disruptions of its operations.
“DGCA has asked for an explanation because passengers were not informed and neither was DGCA about the cancellation. It is against the rules and causes inconvenience to passengers,” Singh told reporters here.
Singh said it was important to hear Kingfisher and how it had planned to get out of the situation.
“We have to hear Kingfisher. Whenever big companies close down, it does affect people but you are certainly not going to advocate that banks should bail out all the ailing companies,” he said.
Around 35 flights of Kingfisher Airlines were cancelled Monday, disrupting operations for a third day in a row. The airline is operating only 16 of its fleet of 64 planes and has cancelled more than a 100 flights since Saturday.
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- As fliers suffer, Kingfisher asked to furnish revised schedule (Roundup) - Feb 21, 2012
- No government bailout for Kingfisher: Ajit Singh (Lead) - Feb 20, 2012
- Ajit Singh rules out cancelling Kingfisher's licence - Feb 23, 2012
- DGCA to submit report on Kingfisher - Mar 14, 2012
- Kingfisher cancels 20 flights, passengers take the hit - Feb 22, 2012
- Kingfisher cuts flights to fend off debt, banks plan lifeline (Roundup) - Feb 22, 2012
- Kingfisher cancels 30 flights, submits new schedule (Lead) - Feb 22, 2012
- Kingfisher Airlines CEO summoned to explain cancellations - Feb 20, 2012
- Government awaiting DGCA report on Kingfisher: Ajit Singh - Mar 21, 2012
- Will not close down Kingfisher due to losses: Ajit Singh - Feb 29, 2012
- Kingfisher blames tax action for flight disruptions - Feb 20, 2012
- Kingfisher blames bird hits for disruptions, DGCA orders probe (Lead) - Feb 19, 2012
- Kingfisher tops in unused flight slots, says Ravi - Nov 30, 2011
- Kingfisher Airlines denies shutdown rumours (Lead) - Mar 04, 2012
Tags: advocate, airline, ajit singh, banks, cancellation, civil aviation, directorate general, disruptions, fleet, flights, inconvenience, kingfisher, kingfisher airlines, New Delhi, planes, third day