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Kingfisher has not asked for a bailout: Ravi

The crisis-ridden Kingfisher Airlines, promoted by Vijay Mallya, has not asked for any bailout package from the Centre, Civil Aviation Minister Vayalar Ravi said on Sunday.

twitter-logo PTI   Kochi     Last Updated: December 2, 2011  | 16:10 IST

The crisis-ridden Kingfisher Airlines , promoted by Vijay Mallya, has not asked for any bailout package from the Centre, Civil Aviation Minister Vayalar Ravi said on Sunday.

This has not come before my ministry, Ravi told reporters on the sidelines of a function here.

"I have seen Mallya, but I cannot disclose what we had discussed," he said.

The Minister had on Saturday clarified in New Delhi that no such bailout package was pending before the government, nor has it been proposed by the Civil Aviation Ministry for the Kingfisher Airlines.

On the issue of FDI in civil aviation, he said it cannot be decided in a day. "If the proposals come, then only can we consider it."


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