Aerospace Diary

Neelam Mathews Dec 12, 2012 Even as we posted a portion of the story released in an ME newspaper, we received a request from the corp com of UB group to post this letter of protest to the publication denying the quote attributed by the author of the piece.  A case of perhaps over-enthusiasm to see KFA flying again by the paper! As said earlier, Aerospace Diary could not confirm the news.  Though we do hear that due diligence by Etihad has been done thoroughly on Kingfisher. We are also hearing what a nightmare the airline will have in dealing with the cannabalized aircraft. For the sake of a gesture of fairness by our community, we thought it only fair that we publish the letter. Though we hope the publication that wrongly quoted him, will do too. A reminder to ourselves: Here goes the UB email to: The Correspondent Gulf News New Delhi, India Dear Ms. Madan: I am writing to protest a quote that has been wrongly and incorrectly attributed to me in...

Neelam Mathews Sept 16, 2012 Amid all the news breaks, we missed writing on the judgment of the Competition Appellate Tribunal (Compat) which has annulled a fine issued by the CCI to Kingfisher Airlines. Non-Compliance Image Source- cattlelogos.com The 10 million rupee (about EUR 145,000) fine was the first penalty levied by the Indian Competition Commission under the Competition Act 2002 where Kingfisher was sanctioned for allegedly failing to supply information in the context of the CCI's investigation into the company's alliance with Jet Airways.  "Kingfisher appealed to Compat, which set aside the CCI order and remitted it for consideration.  Compat found that the letters sent to the airline were notices of extension and not, as argued by CCI, reminders to comply with the original information request.  Compat found that the CCI failed to distinguish between a failure to comply and late compliance. In respect of the latter, there is only failure wh...