Kingfisher again submits revival plan

IANS/New DelhiDebt-ridden Kingfisher Airlines yesterday submitted a plan to restart operations to the aviation regulator which had cancelled its flying licence over safety concerns last year.“We have submitted a complete (revival) plan. We have requested (the Directorate General of Civil Aviation) for restoring our licence (Scheduled Operator’s Permit - SoP),” Kingfisher Airlines CEO Sanjay Aggarwal told reporters after meeting DGCA chief Arun Mishra here.“We have given a complete plan, which includes our schedule that we plan to operate, the aircraft we plan to operate and the number of people we have. The entire plan has been shared,” Aggarwal said.According to Aggarwal, the company plans to initially start operations with funding coming in from the parent UB (United Breweries) Group, with a total fleet of seven aircraft. “We plan to start with five Airbus and two ATR aircraft,” he said.The funding alone is estimated at around Rs6.5bn to pay salaries, refurbish planes and fund operations. The company had submitted a similar plan to the DGCA in December last year, after the aviation regulator cancelled its flying licence over safety concerns in October.