Hyderabad: India's airline regulator would soon submit a report on whether crisis-hit Kingfisher Airlines is following the laid down norms or not, Civil Aviation Minister Ajit Singh said on Wednesday.

Addressing a news conference during the India Aviation 2012 here on Wednesday, he said while the government did not want any private airline to close down, it also want to ensure that the airline follows the norms of the Director General of Civil Aviation (DGCA) and maintain its schedules.

Ajit Singh said the DGCA was looking into the problems, especially in view of the cancellation of flights during the last three days and a section of pilots not reporting for work. "We will make no compromise on passenger safety," he said.

While ruling out any bail-out package for any private airline, the minister said the government would not ask banks to lend money to the Kingfisher Airlines. "Banks will lend money if there is a good business proposition," he said.

To another query, he said as per the rules, the license of an airline which operates five aeroplanes and has certain amount of equity can't be cancelled.

"With flight cancellations becoming regular, it is a matter of grave concern to all including the regulator. Though they had given us a recovery plan for the airlines last month, they have not maintained it," he said.

"The situation cannot go on like this. Yesterday (Tuesday), they flew only 98 flights and cancellation rates are high. This is causing a lot of distress to the public which is a matter of concern for us," he said. The official said the regulator was assessing the situation and would act when the situation demands.