http://www.bbc.co.uk/news/world-asia-india-20881007
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India's Kingfisher Airlines loses licence to fly
A Kingfisher counter at New Delhi airport Kingfisher's licence has been suspended because of concerns over finances and safety
India's troubled Kingfisher Airlines has lost its flying permit after a deadline to renew its suspended licence expired, the aviation regulator said.
Kingfisher has $1.4bn (£870m) in debts and it is looking to raise funds after lenders refused to give fresh loans
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so will this mean FI's owner will have to sell the team?