Indian aviation: In free fall

Kingfisher Airlines (KFA) is down but whether it's out or not depends on how expeditiously it produces a credible revival plan. The Directorate General of Civil Aviation is justified in suspending its licence owing to misgivings about passenger safety, deepened by a crisis created by KFA's non-payment of salaries to staff. Thought a non-performing asset by many lenders, surely debt-strapped KFA should've been made to account for itself much earlier.

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