Will the regulator bend rules for this ailing airline?

Financial health of a company is important when it comes to stock investing. But it is equally important when it comes to doing business with a company as well. However the question here is that is the financial health of a company important when it comes to using its services? And what if the services being offered are flying you to your destination? In our opinion, it is of utmost importance. Because if a company's financials are terrible or it is down in the dumps, then how would they ensure the safety standards? Well as per a leading daily, the regulators do not seem to think so. The airlines regulator is of the opinion that there is no reason to suspend the license ofKingfisher Airlines. The company is deep in red. It has reportedly not paid its pilots. Its problems are printed in every other newspaper. But as per the regulator the company is maintaining the minimum number of flights and is adhering to the safety standards as well. The thing is that there is a set of standards called civil aviation requirement or CAR. And financial health of the airlines is an important part of this. However, either the regulator is ignorant of this standard. Or it is bending the rules for Kingfisher Airlines. Why? Well only the regulator can answer this question.