Web Sify
Follow us on
Mail
Print

Kingfisher needs at least $186 mln to restart ops - minister

Source : REUTERS
Last Updated: Tue, Jan 22, 2013 10:30 hrs

NEW DELHI, Jan 22 (Reuters) - Grounded Indian carrier Kingfisher Airlines needs at least 10 billion rupees ($185.65 million) to restart operations, aviation minister Ajit Singh told reporters on Tuesday.

All stakeholders will have to give no-objection certificates for the carrier to fly again, he said.

Earlier, a government source told reporters India is willing to support the revival plan of Kingfisher Airlines if it were to settle its employees' dues.

($1 = 53.8650 Indian rupees) (Reporting by Anurag Kotoky; Editing by Prateek Chatterjee)




blog comments powered by Disqus
most popular on facebook
talking point on sify finance