India will not
renew Kingfisher Airlines' (KING.NS)
licence to fly if the ailing carrier fails to provide a turnaround plan by
end-December, a top government official told reporters on Monday.
The airline has not come up
with any revival plan as of now, the official, who declined to be named, said,
adding that the airlines' licence is due to expire on December 31.
Kingfisher, once India's second-largest
airline, has not flown since the start of October after an employee protest
turned violent. The Directorate General of Civil Aviation (DGCA) suspended its
licence last month, after Kingfisher failed to address its concerns over
safety.
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