Mumbai/New Delhi, Oct 22: A fresh bid was made today by Kingfisher Airlines to resolve the 23-day-old impasse with its striking employees by offering upto three installments of their salary dues before Diwali but the
New Delhi/Mumbai, Oct 21: Striking employees of Kingfisher Airlines Sunday said they will meet the management to find a solution to the 20-day strike that has crippled operations and led the Directorate General of Civil
Mumbai, Sep 30: A section of engineers of the near-bankrupt Kingfisher Airlines went on a strike this evening over non-payment of salaries, affecting the flight operations.“Engineers from New Delhi and Mumbai bases are on strike
New Delhi, Aug 11: Kingfisher Airlines today reported widening of net loss for the quarter ended June 30, to Rs 650.8 crore due to costs associated with non-operating aircraft.The airline had posted a net loss
New Delhi, July 11: At least 12 flights of Kingfisher Airlines were cancelled today as pilots, who fly its short-haul ATR planes, continued their strike for the second day protesting non-payment of salaries. Nine flights
New Delhi/Mumbai, Jul 10:A section of pilots of Kingfisher Airlines today went on a strike over non-payment of salary and other dues for the past five months, forcing cancellation of five flights.Airline officials said the
New Delhi, Jul 8:The small individual investors and HNIs seem to be on a share buying spree in Kingfisher Airlines, even as the stake of promoters themselves has hit a record low in the debt-ridden
Mumbai,Jul 5:The much-anticipated meeting between the management of the crippled Kingfisher Airlines with the consortium of 17 banks, which have a combined stressed exposure of over Rs 7,500 crore to airline, today failed to make
Mumbai, Jun 26: About 80 engineers have quit beleaguered Kingfisher Airlines during the past four months due to non-payment of salaries by the near-bankrupt carrier, sources said."Some 60-80 engineers have already quit the carrier in
Mumbai, Jun 23: After a number of cheques issued by Kingfisher airlines bounced, a consortium led by GVK, India's second largest airport operator, has approached court praying legal action against the airline, reports ‘The Economic
New Delhi/Mumbai, May 11: A section of Kingfisher Airlines pilots today called off their two-day-old agitation over non-payment of salaries after some tough talk by the carrier's boss Vijay Mallya, who vowed to deal with
New Delhi, May 10: Vijay Mallya-led UB group's United Breweries (Holdings) Ltd on Thursday said Kingfisher Airlines has ceased to be its subsidiary, but it had a significant exposure of over Rs 12,000 crore to
Mumbai, May 4: After keeping quiet for a month over the non-payment of salaries, a section of pilots of Kingfisher Airlines today threatened not to report for duty from May 9, if the management failed
Mumbai, Apr 3: Star Investments on Tuesday sold over two per cent stake in debt-laden Kingfisher Airlines for over Rs. 21 crore through open market transactions.In two separate bulk deals, Star Investments, one of the
New Delhi, Mar 26: Cash-strapped Kingfisher Airlines owed over Rs 5,600 crore to public sector banks as on February this year, the government has said. The consortium of 13 PSU banks, including State Bank of
New Delhi, Mar 22: Virtually ruling out closure of debt-laden Kingfisher Airlines (KFA), Civil Aviation Minister Ajit Singh today said promoter Vijay Mallya will have to take call on shutting down the business.“Rules say that
Mumbai, Mar 14: Vijay Amritraj, former tennis star and sports commentator, today quit the board of struggling carrier Kingfisher Airlines (KFA), becoming the third independent director to leave the company this fiscal. Amritraj, whose resignation
New Delhi, Mar 13: State Bank of India(SBI) has no plan to provide fresh loan to the cash-strapped Kingfisher Airlines, Finance Minister Pranab Mukherjee said today.“SBI has informed that currently there is no such plan
New Delhi, Mar 9: Badgered from all sides, Kingfisher Airlines was today suspended for non-payment of dues from two more IATA platforms that would affect its passenger and cargo bookings through agents, but the cash-strapped
Mumbai, Mar 3: The crisis at Kingfisher Airlines escalated further with the Service Tax department here freezing as many as 40 bank accounts of the already crippled airline for non-payment of dues to the tune
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