It disbelieved that the Directorate General of Civil Aviation (DGCA) is not likely to accept the revival plan submitted by the troubled Kingfisher Airlines this month to the aviation sector regulator.

The company's chief executive officer Sanjay Agarwal had called upon the DGCA to submitted a plan for the revival of the company's flights. The DGCA had earlier announced its decision to suspend the airlines licence as it believed that the company is unable to carry out its operations smoothly.

Kingfisher Airlines, which is facing a mountain of debt worth over Rs 7,000 crore, had said in January that it will resume operations in March with a fleet of seven aircrafts and later expand it to 20 aircrafts. The airline has faced problems in convincing the regulator to allow it to resume flights and was also not able to convince its lenders about raising funds for the operations. The company owns Rs 390 crore alone to the Airports Authority of India (AAI).

Kingfisher Chairman Vijay Mallya is working to revive the airline, whose license was suspended in October 2012 after the company was unable to pay its employees and other stakeholders. Kingfisher Airlines has a period of two years for getting its licenses renewed and resuming its operations in the country