Wednesday, 27 February 2013

Kingfisher’s flying slots to go to rival airlinesGrounded

 Kingfisher Airlines' domestic as well as international flying slots will soon become available for its rival carriers as Civil Aviation Minister Ajit Singh has passed orders for the same.
 The Civil Aviation Ministry on Monday announced in an official statement that Kingfisher had been stripped of all flying slots.
 The ministry also confirmed that the Airports Authority of India (AAI) had been asked to take action to allot the domestic and international slots of Kingfisher to other airlines. The move is expected to make around 25,000 additional seats available for passengers per week.
 In the statement, the ministry said, "This would give additional availability of about 25,000 seats a week for use by other Indian carriers to these eight countries, some of which are much in demand by these carriers."
 The eight countries in which Kingfisher was allowed to fly are UAE Dubai (21 services per week), Great Britain (7 services per week each from Delhi, Mumbai and Bangalore), Bangladesh (14 services per week), Hong Kong (14 services per week), Nepal (7 services per week), Singapore (7 services per week), Sri Lanka (14 services per week), and Thailand (21 services per week).
 Kingfisher had obtained those traffic rights between the years 2008 and 2011.
 The Vijay Mallya-promoted beleaguered carrier is burdened with a debt mountain of nearly Rs 8000 crore. It has not paid salaries to its employees for months. The AAI had recently declared that it would not let Kingfisher to fly again till it clears all dues.
http://www.topnews.in/kingfisher-s-flying-slots-go-rival-airlines-2373569
 

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