(With inputs from PTI)

MUMBAI: Vijay Mallya , the chairman of crisis-ridden Kingfisher Airlines , has said that he has not sought a bailout from the government but wants the lenders to help the cash-strapped airline with Rs 700-800 crore working capital as short-term need and interest concessions.Mallya said, "We have not asked for any bailout from government. We have not asked the government to dip into the taxpayers' money. We have never done it, we will never do it."Mallya furhter clarified that the banks had not told him formally to infuse capital. "If there is requirement of recapitalisation or infusion of additional equity, we will consider it," he saidHe also said he has not sought any restructuring of the loan.Addressing a press conference after announcing the second quarter results, which showed a loss of Rs 468.66 crore, he said that "we are in dialogue with banks to open Letters of Credit which can help us recover debt and repay our high cost rupee loans.""We have not asked for a concession. We have not asked for a hair-cut. Our demands with the banks are mainly two-folds. One is to meet short-term capital needs which have gone up and concession on interest," Mallya said.Vijay Mallya also pleaded helplessness in flying heavily loss making routes."We cannot, as a private company, fly routes that are heavily loss-making," he told reporters adding, "Kingfisher Airlines is flying in tough environment conditions.""Kingfisher has statred reconfiguration and it (reconfiguration) will give us incremental revenue generation opportunities," he said.