This refers to the edit “A bird that won’t fly” (October 22). The Directorate General of Civil Aviation (DGCA) should have been proactive and cancelled Kingfisher Airlines’ licence when its accounts were declared as non-performing assets by lenders a few months ago. In fact, on a closer look, we see a pattern starting from non-payment of salaries to its employees, followed by the I-T department freezing the airline’s accounts and then, the oil companies getting after it to clear their unpaid bills.
What is shocking is that neither Vijay Mallya nor his son is ready to face employees or the media. With no concrete plan in hand, the airline’s grounding was inevitable. Even if Mallya manages to rope in investors and infuse some equity to undo some of the damage, it would not be of any help in the long run.
Bal Govind Noida
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number