Aviation News

January 23, 2013

Kingfisher Must Win Bankers’ Permission To Fly Again, Minister Says

More articles by »
By: AFP
Tags: , ,


India says Kingfisher must get bankers’ permission to fly (via AFP)

India’s aviation minister warned grounded airline Kingfisher Tuesday that the debt-laden carrier will need to get clearance from its bankers to fly again. The airline, which analysts estimate owes $2.5 billion to employees, banks, airports, back taxes and other items, has been grounded since October…