Kingfisher Airlines continues to default on its service tax outstandings, amounting of over Rs 60 crore, and the government move to allow FDI policy in civil aviation sector offers the 'only ray of

Following the government move to allow FDI policy in the civil aviation sector, Chairman of debt-ridden Kingfisher Airlines Vijay Mallya on Wednesday said the carrier was in talks with foreign airline

Dubai's flagship carrier Emirates said on Monday it did not have plans to buy a stake in any Indian carrier, after India last week allowed foreign airlines to buy up to a 49 per cent stake in local ca

The cabinet will consider a proposal on Friday to allow foreign airlines to buy stakes in local carriers, moving forward with a much-delayed reform that could revitalise debt-ridden domestic carriers.

The auditors of debt-ridden Kingfisher Airlines have said the air carrier needs to strengthen its internal audit systems and have raised concerns over numerous issues including delayed or no-payment o

Kingfisher Airline's ATR operation from Delhi was crippled following a section of its engineers going on strike since Wednesday night demanding payment of salary.
"As of now four Kingfisher flights ha

Mumbai-based pilots of near-bankrupt Kingfisher Airlines have decided to strike work indefinitely from Wednesday over non-payment of salaries.

"Mumbai-based pilots have decided to go on a strike fro

A section of pilots of near-bankrupt Kingfisher Airlines today went on strike, second time in the month, demanding immediate payment of March salaries, leading to cancellation of seven flights from

Beleaguered Kingfisher Airlines faced fresh trouble on Saturday with a section of pilots going on strike demanding immediate payment of salaries for March, resulting in cancellation of 19 flights.

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Rising for the second day in a row on Tuesday, Kingfisher Airlines stock surged over 11 per cent amid heavy buying, even as the airline reported widening of losses in the April-June quarter.