Kingfisher Airlines to restore its normal flight schedule in 3-4 months
Cash-strapped Kingfisher Airlines, which has drastically reduced its services for the past one-week, on Saturday said it would normalize the entire flight schedule in the next three to four months.
Top Kingfisher officials, including CEO Sanjay Aggarwal, today met Director General of Civil Aviation (DGCA) E. K. Bharat Bhushan to brief the regulator about the flight curtailment plans of the major domestic carrier.
"Our cancellations range between 50-55 flights a day. There will be no more flight cancellations barring whatever we have already announced," Aggarwal said when asked what they had told the DGCA.
"We will restore all these flights gradually over the next three to four months, starting December," he said, adding that by the next summer, the airline would have an operating schedule like in the past.
The airline has suffered a loss of Rs1,027 crore in 2010-11 and has a mounting debt of Rs7057.08 crore. DGCA had asked the Kingfisher top brass to explain the reasons behind continued flight cancellations and their plans to restore the normal schedule.
Asked about the reasons for the planned flight cancellations, Aggarwal said while aircraft reconfiguration process was currently on, some aircraft also were awaiting supply of engines from foreign manufacturers.
Besides, the airline was also in the process of rationalising its routes with its promoter Vijay Mallya stating that Kingfisher should not fly on non-profitable routes.
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