Kingfisher outlook dims further on loan denial
State Bank of India, the country's top lender, has not extended further loans to debt-crippled Kingfisher Airlines, a bank official said, denying reports that the state-owned creditor was close to off
Cash-strapped Kingfisher starts operating new flight schedule
Facing severe turbulence, Kingfisher Airlines on Thursday started truncated operations in accordance with its new flight schedule, as aviation regulator DGCA examined its operational details to consid
State Bank of India to bail out Kingfisher: Report
State Bank of India has decided on a Rs 16.5 billion loan package to help troubled Kingfisher Airlines overcome a cash crunch, the Hindustan Times newspaper reported on Wednesday.
The newspaper quote
Kingfisher cancels 20 flights, DGCA to brief Aviation Minister
Kingfisher Airlines cancelled about 20 flights on Wednesday even as the DGCA was set to brief the Civil Aviation Minister on the ailing carrier's plans to restore its services.
The airline is expect
Lenders yet to agree on fresh loans to Kingfisher: Sources
A consortium of lenders to Kingfisher Airlines has not yet agreed to extend further loans to the beleaguered carrier, which urgently needs funds to save it from collapse, three banking sources told ag
Bank bailout for Kingfisher hangs in balance
Lenders to Kingfisher Airlines have not agreed to extend further loans to the debt-crippled carrier, three banking sources said on Wednesday after reports that State Bank of India (SBI) had agreed on
Ailing Kingfisher files fresh flight schedule before DGCA
Ailing Kingfisher Airlines, whose services remained affected for the sixth day, on Wednesday filed a fresh flight schedule with DGCA, scaling down its operations to about 170 daily flights with 28
Chetan Bhagat tweets on Kingfisher
Author Chetan Bhagat and former investment banker, who was a victim of cancellation of Kingfisher flight to Perth, on Wednesday gave vent to his frustration, suggesting that other airlines should take
More Kingfisher flights cancelled, airline CEO to meet DGCA
At least 30 flights of Kingfisher Airlines were cancelled on Tuesday morning as the top brass of the cash-strapped carrier was set to appear before aviation regulator DGCA to explain reasons for large
Cannot advocate banks bailing out Kingfisher: Singh
The government cannot advocate a bail-out of Kingfisher Airlines by banks, Civil Aviation Minister Ajit Singh said Tuesday ahead of a meeting of the cash-strapped carrier with the Directorate General