A formal agreement was signed by liquor baron and Kingfisher chief Vijay Mallya and the top officers of all the 12 'oneworld' partner airlines, after a team of the global alliance visited Delhi and Mumbai, completed a safety audit and set in motion the process through which the Indian carrier would become full-fledged member of the global partnership.
The IATA suspended Kingfisher from its Geneva-based clearing house because of non-payment of dues to airline members.
The airline had quit the Mumbai-London route in 2009 because of losses
The Vijay Mallya-owned carrier would become the first airline from the subcontinent to join any of the global airline groups, the two others being 'Star Alliance' and 'SkyTeam', spokespersons of the airline and the alliance said.
Getting his bruised Kingfisher Airlines ready for that auspicious occasion is the least of his worries, as Mallya is scrambling to find an equity partner to keep his Kingfisher aloft.
The UB Group-controlled Kingfisher Airlines may cancel its orders for Airbus A380s and A350s or swap these planes for smaller planes like A320s and A330s.
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