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DGCA says Kingfisher reneged on recovery plan

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Reuters
Last Updated : Jan 21 2013 | 2:31 AM IST

Kingfisher Airlines failed to stick to its agreed recovery plan, the head of regulator Directorate General of Civil Aviation (DGCA) said on Wednesday, adding the current situation at the debt-laden carrier cannot be allowed to continue for long. Kingfisher submitted a plan to turn around its loss-making operations to DGCA in January.

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First Published: Mar 15 2012 | 12:00 AM IST

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