Home Nation World Business Politics Odd & Weird Region Entertainment Education
HINDI


'Kingfisher should satisfy with their operational, financial plan'




Published by: Shobhit Kalra
Published on: Tue, 04 Dec 2012 at 12:07 IST
'Kingfisher should satisfy with their operational, financial plan'
New Delhi: Saying that the government will not interfere while the airline firms decide the air fares, the Aviation Minister Ajit Singh, on Tuesday, asked firms to keep transparency in the mechanism on which the fares are set. Minister said that let the passengers know the mechanism adopted by the airline companies.

Singh said, "What we are trying to do is make the system deciding the fares transparent. Public should know what is the bucket system and the range they have given should be reasonable."

Air fares are basically decided on two prime factors that constitute aviation turbine fuel (ATF) and charges incurred on the airport. Rather, ATF alone requires 40 percent of the running cost of airlines.

Singh further said that government has announced a wave off for country's national carrier Air India while the dues worth Rs 4,200 crore will be cleared by the end of this financial year.

Meanwhile talking about the issue of dues for the private airline owners, Singh said that it is the matter of fuel firms and aviation companies and hence they will resolve it by themselves.

Over Kingfisher Airlines shutting down its operations, Singh reportedly said, "DGCA (Directorate General of Civil Aviation) has made it very clear that in order to allow them to fly again, they have to satisfy with their operational and financial plan. DGCA's concern is that there should be no safety problem. They should be able to adhere to schedule given."

Debt ridden Kingfisher Airline has to pay huge sums to employees and also to various agencies and speaking on the same Singh said, "There will be a lot of collateral damage as you are saying if Kingfisher Airlines doesn't fly."

Exclusive: Sunny Leone’s hot-sexy snaps from Mastizaade
Steamy Bipasha Basu and Karan Singh Grover in scary Alone!
Taylor Swift Hot Pictures From Magazine Covers
Sunny Leone sets sea on fire for Manforce ad campaign
Most popular scenes from Bollywood epic film DDLJ
Poonam Pandey exposes seductively for Brexelant breast enhancement cream campaign
Lucknow Mahotsav begins
Madhuri Dixit visits Lucknow to dedicate Literature Carnival to Child Rights
Akhilesh Yadav launches Modern Police Control Room, 1090 app for better UP
Kim Kardashian Exposes Deep Cleavage at Perfume Launch Event in Melbourne
Hot South Actress Nayanthara
Salman Khan, Shahrukh Khan reunite for sister Arpita Khan
Kim Kardashian strips for top Magazine Covers
Sensational Poonam Pandey in Viru's 'Malini & Co'
Kim Kardashian flaunts nudity for PAPER magazine
>>

Related Stories:-

BREAKING NEWS
Government reissues 2010 advisory to schools on preparing for terror attacks post Peshawar school attack
Sonia Gandhi admitted to Gangaram Hospital in New Delhi
Pak court grants bail to 26/11 Mumbai attacks plotter LeT terrorist Zakiur Rehman Lakhvi
SC extends J Jayalalithaa’s bail period by 4 months in Disproportionate Assets case
PM Narendra Modi reaches Rajya Sabha to discuss forcible conversion issue
 
Opinion Polls
Bigg Boss 8: Who should be evicted this week?
Karishma Tanna
Upen Patel
Sonali Raut
Praneet Bhatt


Pardaphash name, logo and all associated elements ® and © 2011 Mahakaal News Management Pvt. Ltd.
All rights reserved. Pardaphash and the Pardaphash logo are registered marks of Mahakaal News management Pvt. Ltd.
Pardaphash is hosted with Enzoo could compute engine.
Valid XHTML 1.0 Transitional
This page is generated in : 0.018 Seconds




EXCLUSIVE: T Ram, CP Singh, RN Yadav, RK Goyal following Yadav Singh in UP