A section of pilots of Kingfisher Airlines on Tuesday went on a strike over non-payment of salary and other dues for the past five months, forcing cancellation of five flights.

Airline officials sai

Embattled Kingfisher Airlines on Thursday won more time from lenders to develop a turnaround plan while its bankers moved ahead with the sale of two properties to recover a small fraction of what they

Lenders to Kingfisher Airlines have given the beleaguered airline 15 days to come up with 'concrete steps' to improve its operations, a senior executive at its lead bank said on Thursday.

Beleaguered Kingfisher Airlines said on Thursday that its lenders have not started recovery proceedings after a bankers' meeting earlier in the day.

The loss-making carrier, saddled with debt of $1.4

Four Kingfisher flights from Mumbai were cancelled on Monday due to the strike by a section of airline pilots.

The flights have been cancelled since morning due to non-availability of pilots, a

A debt fund managed by SREI Infrastructure Finance has bought about Rs 4 billion worth of debt of Kingfisher Airlines from ICICI Bank, its vice-chairman said on Monday.

"There was an opportunity beca

Talks between Kingfisher Airlines management and the employees to resolve the impasse over non-payment of salaries here on Monday evening failed to make any headway after the airline refused to offer

About 80 engineers have quit Kingfisher Airlines during the past four months due to non- payment of salaries by the near-bankrupt carrier, sources said.

"Some 60-80 engineers have already quit the ca

With a potential air market of hundreds of millions of people, airlines ought to be hammering on India's door - yet global airline executives say it would be madness to invest in a domestic carrier th

Kingfisher Airlines chairman Vijay Mallya has stressed the need for a clear aviation policy that will help promote healthy investment which has been the “long-felt need” of the industry.

He was presi