No bailout for Kingfisher, CEO summoned to explain cancellations

PUBLISHED ON: February 20, 2012 | Duration: 5 min, 26 sec

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Kingfisher Airlines scrapped 16 flights this morning, extending a hellish weekend for its passengers. 12 flights out of Mumbai and four from Delhi were cancelled early today. Sanjay Aggarwal, the Chief Executive Officer (CEO) of the airline, whose financial troubles are well-known, has been asked to meet the regulator for aviation, the DGCA, tomorrow morning.
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