Union Aviation Minister Ajit Singh on Tuesday said
cash-strapped airlines Kingfisher Airlines may lose its licence if it doesn't adhere to safety norms.
The minister said that Directorate General of Civil Aviation (DGCA) would take a final call on the beleaguered airlines. The airlines' chairman
Vijay Mallya is expected to meet the DGCA on Tuesday to present a clear picture of the ailing airline.
It also summoned billionaire
Vijay Mallya himself to come and present a clear picture of the airline on Tuesday. Mallya had pumped another Rs 156 crore into his Formula One team last week even as his debt-ridden Kingfisher Airlines (KFA) is struggling to survive back home.
"The airline not only lacks aircraft, they also lack funds for day-to-day operations. They are failing to meet their flight schedule, causing inconvenience to the passengers and also they failed to give salaries to their employees for past four-five months," official sources said.
The sources said Kingfisher may be planning a quite shut down and Mallya being an "accountable" person has been asked to meet the DGCA to present a clear picture.
The whole picture is likely to become clear in few days, the officials said.
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