The aviation regulator is meeting executives from cash-strapped Kingfisher Airlines and Air India Express, the budget arm of state carrier Air India on Thursday, seeking an explanation on safety conce

State Bank of India (SBI), cash-strapped Kingfisher Airlines' largest creditor, on Thursday called the Vijay Mallya-led air-carrier a non-performing asset.

"Kingfisher is a NPA (non-performing asset

In a major cost-cutting exercise, private sector air-carrier Kingfisher Airlines is believed to be considering about 2,000 job cuts and longer working hours for its staff, among various options.

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Kingfisher Airlines fell to fifth place in domestic market share during November, from third in the previous month, after the cash-strapped carrier grounded planes and cut routes, government data show

Troubled Indian carrier Kingfisher Airlines has been forced to ground 15 aircraft because it is unable to pay their maintenance costs, the Economic Times newspaper said on Monday.

The business daily

The Sahara group will give a loan of more than 2.5 billion rupees to cash-strapped Kingfisher Airlines (KING.NS), to help the carrier continue operations, media reported on Saturday, citing sources.

The Sahara group will give a loan of more than Rs 2.5 billion to cash-strapped Kingfisher Airlines to help the carrier continue operations, the Times of India reported on Saturday, citing sources.

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The government has de-freezed the bank accounts of debt-ridden Kingfisher Airlines and Air India after the two air carriers made part-payment of their service tax dues.

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Kingfisher Airlines promoter Vijay Mallya has given a personal guarantee of Rs 248.97 crore, besides pledging shares as security against loans taken from various banks, Parliament was informed today.

Playing down the Mumbai Airport decision asking Kingfisher Airlines to operate under cash-and-carry mode from Saturday, promoter Vijay Mallya on Friday said there was nothing 'big' about it and the airline would fly full schedule.