The fate of Kingfisher: A wait and watch game

By Nimish Vakil and Sneha Rao, Tyabji Dayabhai
0
1640
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

The Directorate General of Civil Aviation (DGCA), after much delay, suspended the airoperator’s permit (AOP) of debt-ridden Kingfisher Airlines on 20 October and gave Kingfisher until 31 December, i.e. the date its AOP expires, to submit “a concrete and reliable revival plan ensuring safe, reliable, efficient and sustainable scheduled air transport services”.

An airline can conduct scheduled flight operations only during the validity of its AOP, which is renewed periodically by the DGCA.

Background

On 28 December 2011, after conducting a safety audit, the DGCA concluded that Kingfisher’s financial crisis was likely to impede its ability to maintain the required safety standards and there existed a reasonable case for withdrawal of its AOP.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

Nimish Vakil is a partner and Sneha Rao is an associate at Tyabji Dayabhai. Tyabji Dayabhai was established in 1872 and has over 25 years’ experience in handling all types of aviation transactions and litigation.

tyabji_dayabhai_logo

Lentin Chambers

Dalal Street
Mumbai – 400 001

India

Tel: +91 22 2265 0342

Fax: +91 22 2265 8209

Email: nimish.vakil@tyabjidayabhai.com

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link