According to a PTI report, Kingfisher Airlines has announced that it has deferred the delivery of A380 and induction of other aircraft like A330 and A320. At a Confederation of Indian Industry (CII) conference held in New Delhi yesterday, Vijay Mallya, Chairman, Kingfisher Airlines said, "We have deferred the delivery schedule of A380, which was expected to begin next year. Delivery of other aircraft like A330s and A320s has also been deferred."

Talking about the dues of oil marketing companies for supply of Air Turbine Fuel (ATF), Mallya said, "We have given them (oil marketing companies) a lot of money. We do not have any overdues,' said Mallya but refused to comment any further.

Last week, Subir Roy Choudhury, CMD, Hindustan Petroleum Corporation Limited (HPCL) had said that Kingfisher Airlines still owed Rs 220 crore to the company and the fuel supply to the airline continues to be on a cash-and-carry scheme. The loss-making private air-carrier was put on the cash and carry basis by the state-run oil marketing company some months ago after it failed to provide bank guarantee cover against payment defaults. HPCL is Kingfisher Airline's largest ATF supplier. The airline buys over 1,300 kilolitres of jet fuel to the tune of over Rs 130 crore every month.