India's debt-laden Kingfisher Airlines said on Thursday its net losses almost doubled in the last quarter of 2011, plunging it further into a financial crisis that threatens its survival.

Auditors of Kingfisher Airlines, which posted a net loss of Rs444.26 crore for the third quarter of this fiscal, have once again raised concern over its ability to stay afloat and said it would need t

India's debt-laden and loss-making Kingfisher Airlines, which faces a severe financial crisis, said on Wednesday it has delayed the publication of its quarterly results because of 'hardware problems'.

Two major Gulf Arab carriers said they have no interest in taking a stake in struggling Indian carrier Kingfisher Airlines, which is grappling with a pile of debt and on the hunt for fresh equity.

Ab

The beleaguered Kingfisher Airlines has deferred its plans to join the oneworld alliance until it can strengthen its financial position, an official said on Saturday.

The high profile airline, owned

Kingfisher Airlines Ltd has put on hold plans to join the global oneworld alliance, in the latest blow to the financially troubled carrier.

It had hoped this month to become the first airline from th

Germany's DVB Bank SE said it may repossess two Airbus A320 aircraft from troubled Kingfisher Airlines Ltd if the carrier failed to meet its commitment to the lender in due time.

The cash-strapped K

Civil Aviation Minister Ajit Singh on Wednesday ruled out any bailout package for Vijay Mallya promoted-Kingfisher which is under financial strain, and added that the state-owned Air India needed to g

United Breweries Group chairman Vijay Mallya on Saturday said its Kingfisher Airlines was 'one thousand per cent safe to fly' and that safety was the airline's top priority.

His assurance comes in th

The troubles of cash-strapped Kingfisher Airlines worsened on Friday with another lender classifying its loan to the Vijay Mallya-promoted company as "sub-standard", a day after State Bank termed the