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Indian government grounds Kingfisher Airlines' aircraft
New Delhi, India - The company is squeezed by debts for 1.4 billion dollars
On Saturday 20 October 2012 the Indian government has suspended the operator licence of Kingfisher Airlines and grounded its aircraft: the local company, which is experiencing a period of huge financial difficulties and has not been paying wages to its employees for seven months, was not able to give to the Directorate General for Civil Aviation a plan to restart its flight operations, which have been...
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