KFA was yesterday given a 24-hour deadline to come up with a "realistic" flight schedule by the DGCA which ruled out any immediate punitive action to avert further difficulties to air travellers even as the carrier scrapped 40 more flights.
"The airlines will have to file a new schedule instead of a truncated one in the next 24 hours," DGCA chief E K Bharat Bhushan told reporters after the regulator quizzed Kingfisher CEO Sanjay Aggarwal and top officials on how they plan to get the crisis-ridden airline back on track.
Amid reports that SBI has decided on a Rs 1,650 crore loan package to help troubled Kingfisher Airlines, Ajit Singh said that the government cannot bailout private airlines like the beleaguered Kingfisher.
The Aviation Minister also said that passengers’ safety issue should not be compromised at any cost.
He added that it was wrong on the part of Kingfisher Airlines to not have informed DGCA about abrupt flight cancellations in the past few days.
The cash-strapped carrier, facing the wrath of Income Tax authorities which have frozen its bank accounts, was operating only 28 of its 64 planes, leading to large-scale disruption of its schedule for the fifth consecutive day.
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