The Mumbai Airport authorities (MIAL) have threatened to put cash-starved Kingfisher Airlines on a cash-and-carry mode again from Saturday if the carrier fails to pay up the dues of around Rs 90 crore

Cash-strapped Kingfisher Airlines has topped the charts for the highest number of cancellations as it was operating only 243 flights out of a scheduled 418 departures per day, parliament was told on W

Kingfisher Airlines said on Thursday one of its lessors, AerCap Holdings NV, would take back two of its aircraft in coming months as both the companies could not agree on extension terms.

The two jet

Several players have a stake in ensuring that the embattled Kingfisher Airlines, owned by liquor baron Vijay Mallya, does not go under.

Banks that have lent the airline money are looking at ways to

India's beleaguered aviation sector is experiencing severe turbulence as high jet fuel costs, fierce competition and losses threaten carriers' survival, analysts said.

The crisis engulfing Kingfisher

Struggling Kingfisher Airlines slipped in market share to the third position in October, from second in September, ceding ground to budget airline IndiGo, government data showed.

Kingfisher is unlike

The civil aviation ministry on Thursday said it has proposed a cap of 24 per cent on foreign direct investment (FDI) by international airlines in domestic carriers, but the final decision lies with th

Civil Aviation Minister Valayar Ravi ruled out a public bailout for Kingfisher Airlines or any other airline, urging private airlines in India to put their own house in order.

Cash-strapped Kingfishe

As private carriers in India continue to suffer from bad business weather, Indonesia's Lion Air has scored what's being touted as Boeing's biggest-ever commercial order, ever.

Indonesia's Lion Air h

With one of the world's most expensive yachts and a cricket and Formula One team, Kingfisher Airlines' billionaire Chairman Vijay Mallya is known as 'King of the Good Times' for a jet set lifestyle th