Striking employees reject Kingfisher offer
There was no sign of anend to the 24-day-old impasse in Kingfisher Airlines with the striking employees on Tuesday rejecting a fresh offer of staggered payment of three months' salary dues and insisti
Kingfisher lenders say recovery last option
Lenders to Kingfisher Airlines, whose combined exposure of nearly Rs 7,500 crore is at risk, have said they will go in for recovery measures only as the last resort and expressed hope that its promote
Kingfisher Airlines has flying licence suspended
The flying licence of Kingfisher Airlines has been suspended after the debt-laden carrier failed to satisfy concerns from the aviation regulator about its operations, a report said Saturday.
The lice
Suspension of Kingfisher licence on cards: officials
Suspension of licence stares inthe face of crisis-ridden Kingfisher Airline as it extended its lockout till October 23 and submitted a reply to aviation regulator DGCA's show-cause notice on the matte
Court issues non-bailable warrant against Vijay Mallya
A Hyderabad court on Friday issued a non-bailable warrant against business tycoon Vijay Mallya and five others in a cheque bounce case.
The 13th Metropolitan Sessions Court issued the warrant against
DGCA likely to issue show cause notice to Kingfisher
Spelling fresh trouble for Kingfisher Airlines, aviation regulator DGCA is likely to issue a show-cause notice asking why its flying license should not be suspended or cancelled.
This is being conte
DGCA issues show cause notice to Kingfisher
In more trouble for Kingfisher Airlines, aviation regulator DGCA on Friday issued a show-cause notice asking why its flying license should not be suspended or cancelled as it had grounded its entire f
Kingfisher Airlines may face prolonged shutdown; shares slide
Kingfisher Airlines, which has cancelled all flights through on Thursday, faces a potentially prolonged shutdown until the cash-strapped carrier clears a salary backlog going back half a year.
The go
Kingfisher declares partial lock-out, suspends flights till Thursday
Kingfisher Airlines on Monday night declared a partial lock-out with immediate effect and suspended flight operations till Thursday. Earlier, the services came to a grinding halt following a strike by
Ready to pay salaries in next few days: Kingfisher
A day after declaring a partial lockout, top officials of beleaguered Kingfisher Airlines on Tuesday met DGCA chief and promised to pay salaries of the staff held up for last six months in the next few days.