The Directorate General of Civil Aviation (DGCA) on Saturday suspended Kingfisher Airlines’ flying licence after the airline failed to present the aviation regulatory with a satisfactory plan for its financial and operational survival.

Kingfisher Airlines, which received its licence in March 2003 and started operating flights in 2005, has not registered a single profit and its debts have crossed the Rs 8,000 crore mark. Employees haven’t been paid for eight months. Earlier this year, the airline had to shut its international operations after being derecognised by international agencies. The airline has not operated a single flight since October 1.