Kingfisher bids to make comeback

Grounded Kingfisher Airlines has submitted a plan to India’s aviation regulator to restart operations, saying its parent group would provide an initial 6.5bn rupees (£77m) in funding, and asking for its flying licence to be renewed. Kingfisher, controlled by liquor tycoon Vijay Mallya, who also owns UB Group, was forced to halt operations last October amid spiralling debts. Its flying licences expired at the end of last year.