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Kingfisher Airlines’ licence may not be renewed: Report

The Government is unlikely to renew the licence of the debt ridded Kingfisher Airlines if it fails to submit revival plans by December end.

Kingfisher Airlines lenders say recovery last option

Lenders to Kingfisher Airlines, whose combined exposure of nearly Rs 7,500 crore is at risk, have said they will go in for recovery measures only as the last resort and expressed hope that its promoters will be able to find an investor and resume operations.