Currently the largest cash-strapped airline, Kingfisher is planning to resume its operations very soon, but in limited with a phased manner with investment of Rs.425 crore as a short-term measure.
The company will very soon submit its revival plan to the regulator DGCA, in wake to resume flying licence which suspended on October 20.
As per media information, KGA is likely to have recapitalization plan which will be further discussed with a small designated group of bankers. In list of financiers, Read more
