Kingfisher Airlines flying slots withdrawn: Govt

Feb 25 2013, 22:27 IST
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Kingfisher used to have as many as 126 flying slots for international flights to eight countries. (AP) Kingfisher used to have as many as 126 flying slots for international flights to eight countries. (AP)
SummaryKingfisher's flying slots have been farmed out to other Indian airlines, says govt.

a series of conditions, including payment of dues to its employees and various service providers like airport operators.

Failing to provide any credible input, Kingfisher's lenders -- a consortium of banks -- also decided earlier this month to start the process of recovering Rs 7,500 crore outstanding loans from the grounded airline.

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