New Delhi: Kingfisher Airlines CEO Sanjay Aggarwal will meet Arun Mishra, the Director General of Civil Aviation (DGCA) on Friday to submit a new flying schedule and seek a revocation of its licence suspension. The airline would have to get all necessary clearances from the DGCA by submitting the airline's financial and operational plans to the satisfaction of the regulator, which would then take a decision on revoking suspension of the SOP and allowing the airline to resume operations.

Earlier, the DGCA had suspended the licence after the airline failed to submit a viable revival plan in the stipulated 15 days.

All Kingfisher flights have remained suspended since September 30 due to the strike, followed by a lockout from October one and then suspension of their Scheduled Operator's Permit (SOP) or the flying license by aviation regulator DGCA. The license of Kingfisher was issued on August 26, 2003, and is valid till December 31 this year.

The 26-day deadlock in Kingfisher Airlines was resolved on Thursday with the management agreeing to pay four months salary dues by December end to the striking employees who decided to resume work with immediate effect.

The beleaguered carrier, which early last year had a fleet of 66 aircraft, now has ten -- seven Airbus A-320s and three ATR turbo-props. The airline is saddled with a loss of Rs 8,000 crore and a debt burden of another over Rs 7,524 crore, a large part of which has not been serviced for several months.

(JPN)

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