Aerospace Diary

AIN AIR TRANSPORT PERSPECTIVE  »  JANUARY 7, 2013 by    NEELAM MATHEWS Fortunes have reversed for Kingfisher Airlines since 2007, when the carrier’s CEO, Vijay Mallya (seated center), hosted Airbus COO for customers John Leahy (left) and Airbus executive v-p Kiran Rao during a New Delhi press conference promoting Kingfisher’s since dashed plans to fly the A380. (Photo: Airbus) January 7, 2013, 11:55 AM Facing a high debt burden, unpaid bills, a depreciating rupee in its home country of India and rising fuel costs, Kingfisher Airlines saw its Air Operator Permit   ( AOP ) expire on December 31 after the Director General of Civil Aviation ( DGCA ) found the carrier had failed to furnish no-objection certificates from service providers–including airports–in its restructuring plan. Now, the Airports Authority of India ( AAI ) has threatened to “evacuate” the assets of the airline from airports across the country. “We also have p...

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...