Cash-strapped Kingfisher Airlines, which is yet to pay part dues to its employees, has sought more time to submit a comprehensive revival plan to the aviation regulator DGCA.
Ahead of submitting a revival plan to aviation regulator DGCA, Kingfisher Airlines Chairman Vijay Mallya today met Civil Aviation Secretary K N Shrivastava and briefed him about the steps being taken to revive the beleaguered carrier.
India today invited American business to invest in the burgeoning aviation sector, saying there is a huge potential for investment of upto USD 130 billion over the next 10 to 15 years.