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Regulator asks for timeline on recapitalisation: Kingfisher

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Reuters New Delhi

Beleaguered Kingfisher Airlines said on Thursday the country's aviation regulator has asked the carrier to provide a specific timeline for getting its grounded aircraft back in the air and for its recapitalization efforts.

"Safety is of paramount importance and our scheduled flights will continue to operate with utmost safety in full compliance with regulatory requirements," Chief Executive Sanjay Aggarwal said in a statement.

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First Published: Jan 05 2012 | 12:00 AM IST

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