No bailout package for Kingfisher: MoCA

No bailout package for Kingfisher: MoCA

Ministry of Civil Aviation (MoCA) has released an official statement saying that it will not bail out troubled Kingfisher Airlines.
“It has been reported in certain sections of media that a bailout package has been proposed by the Government for Kingfisher Airlines. This is to clarify that no such bailout package is pending before the Government nor has been proposed by Ministry of Civil Aviation for the Kingfisher Airlines,” the statement read.

Gary Marshall
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