Epic Research

Wednesday, December 26, 2012

Epic Update : Kingfisher to DGCA

 Will need 6-8 months to start operations from approval date: Sources
To start operating 10 airbus and 11 ATRs within 10 weeks
Rs 120 crore to be used to pay salary to staff
No dues owed to oil companies’
May start operations by March if everything falls into place
To pay salary to employees every 2 months.

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