KFA

  • Mumbai: Kingfisher House to be auctioned as SBICAP takes possession August 12, 2013

    Mumbai: In another setback for Kingfisher Airlines Chairman Vijay Mallya, the Kingfisher Airlines House in Mumbai will now be auctioned. The State Bank of India, which is a lender to the airlines, took possession of the Kingfisher House on Saturday. KFA House is the headquarters of the airline in...
  • Kingfisher employees launch hunger strike June 6, 2013

    Mumbai: A section of the employees of the grounded Kingfisher Airlines on Thursday sat on a hunger strike at the Kingfisher House in Mumbai, demanding immediate payment of salaries, which have been pending since last August. "As many as 60-70 employees are currently on an indefinite hunger strike at the...
  • Kingfisher Airlines submits plan to restart operations April 11, 2013

    New Delhi: Grounded Kingfisher Airlines submitted a plan to the Director General of Civil Aviation (DGCA) to restart operations, saying its parent group would provide initial funding and asking for its flying licence to be renewed. Kingfisher, controlled by liquor tycoon Vijay Mallya, who also owns UB Group, was forced...
  • On IPL eve, Mallya pays two months' salary to Kingfisher staff April 2, 2013

    Mumbai: Kingfisher Airlines on Tuesday started remitting two months' salaries to its employees who have not been paid for the last 10 months. "We have released two months salaries to our staff," a Kingfisher Airlines spokesperson told PTI in Mumbai, without elaborating on the period for which the salary was paid....
  • KFA staff protest at IGI airport, write to Labour Minister April 2, 2013

    New Delhi: A group of Kingfisher Airlines workers gathered at the Indira Gandhi International Airport on Tuesday to protest against the non-payment of salaries. The employees have not received their salaries for the past ten months. Last week, Kingfisher chairman Vijay Mallya had given them an assurance that their salaries...
  • Kingfisher employees demand Mallya's prosecution; to disrupt IPL March 21, 2013

    New Delhi: Frustrated over not getting salary for last 10 months, Kingfisher Airlines employees on Wednesday asked the government to prosecute promoter Vijay Mallya and threatened to disrupt IPL matches. "If Gopal Kanda, promoter of MDLR airlines, can be prosecuted for suicide of an employee why can't the government prosecute Vijay...
  • Govt to give away KFA slots, flying rights to others February 26, 2013

    New Delhi: The government said it will give away Kingfisher Airlines' slots and foreign flying rights to other operators in the latest blow to the grounded carrier. Kingfisher, controlled by liquor baron Vijay Mallya, has been halted due to a cash crunch, and lenders are trying to recover $1.4 billion...
  • Kingfisher Airlines loses Rs 755 crore in Q3 as planes sit idle February 5, 2013

    Mumbai: Debt-ridden and with no customers, Kingfisher Airlines Ltd posted a Rs 755 crore loss in the three months to December 31 as its planes sat idle, creditors circled and regulators rebuffed the Indian airline's revival plans. Kingfisher, which has been stripped of its flying licence, owes an estimated $2.5...
  • Service Tax Dept issues notice to KFA, impounds aircraft January 10, 2013

    Mumbai: In more trouble for beleaguered Kingfisher Airlines, Service Tax Department has issued a notice to the carrier, "impounding" all its aircraft, department sources said on Thursday night. According to the notice, the airline cannot fly outside the registered airport premises. The grounded airline owes around Rs 190 crore to the...
  • Kingfisher licence to be renewed if revival plan okayed: DGCA sources December 31, 2012

    New Delhi: In fresh ray of hope for the Kingfisher Airlines, sources in the aviation regulator, the Directorate General of Civil Aviation (DGCA), said that the licence of the cash-strapped carrier would be renewed if its revival plan gets a go-ahead. According to the sources, the DGCA asked the airlines for...
  • KFA denies deal with Etihad, loses 7 planes December 11, 2012

    Mumbai: Kingfisher Airlines on Tuesday said it is in discussions with several investors for equity partnership, including Gulf-based Etihad Airways, but denied any deal with any of them, even as it lost seven more aircraft due to non-payment of lease rentals and tax dues. "We would like to clarify that...
  • Trying to help revive Kingfisher: SBI December 5, 2012

    Mumbai: State Bank of India, the lead banker in the 17-lenders consortium that extended Rs 7,000 crore loans to the now grounded Kingfisher Airlines, on Wednesday said the banks are "trying to do everything to find an amicable solution" to the carrier's financial troubles. The SBI comment comes a week...
  • Action plan after Nov 17 if salary not paid: KFA employees November 14, 2012

    Mumbai: Kingfisher Airline employees, who have not received their May salary despite an assurance from the airline management, are likely to chalk out an action plan next week, if they do not receive their dues by November 17. "Diwali has come and gone but we have still not received the...
  • Kingfisher leaves employees in dark on Diwali November 13, 2012

    Mumbai: Around 3,000 employees of the near-bankrupt Kingfisher Airlines were left in the dark on Diwali after the management failed to pay their May salary, despite its commitment that their dues will be cleared by the festival. Kingfisher has so far only paid April salary post the calling off of...
  • No timeframe set for Kingfisher's revival plan: DGCA November 8, 2012

    Hyderabad: Aviation regulator DGCA on Thursday said that no timeframe has been set for the debt-ridden Kingfisher Airlines to submit its comprehensive revival plan. Director General of Civil Aviation Arun Mishra said the proposal will be examined in all aspects before taking decision on revoking its license. "They (Kingfisher) said they...
  • KFA won't fly if it doesn't get capital by Nov 30: SBI November 6, 2012

    New Delhi: State Bank of India (SBI), the lead bank to ailing Kingfisher Airlines, on Tuesday cautioned the carrier that it "will not fly" if it fails to bring in fresh capital by November 30. "Banks' consortium has done everything possible to make the company (Kingfisher) work. Only the company...
  • KFA pays 2nd installment of salaries to its staff November 1, 2012

    Mumbai: Employees of Kingfisher Airlines have got the second installment of their salary overdues after the company committed to paying three months pending salaries to employees by Diwali. By assuring employees that the management will pay seven months salary dues by December, the airline has ended the nearly month-long crisis...
  • TWTW: Cyrus takes on Kingfisher Airlines October 29, 2012

    Also on the show: The Week That Wasn't pays tribute to actor-satirist Jaspal Bhatti. ...
  • Vijay Mallya in Delhi for the F1 Indian Grand Prix October 27, 2012

    UB Group chief and Kingfisher Airlines chairman Vijay Mallya is finally back in the country after his month-long overseas visit. He landed in New Delhi a short while earlier and is now at the Formula 1 track, where the qualifiers for the Indian Grand Prix will take place. Mallya, who is an...
  • Kingfisher has to satisfy DGCA: Ajit Singh October 26, 2012

    New Delhi: Cash-strapped Kingfisher Airlines employees resumed work on Friday after striking a deal with the management and agreeing to the staggered salary payment schedule proposed by the company. Reports said that many of them have received the salary for the month of March. Meanwhile, Civil Aviation Minister Ajit Singh said...
  • KFA convinces staff to end strike, will approach DGCA next October 25, 2012

    New Delhi: It has been 25 days of protest, a lockdown and a suspension of licence, for Kingfisher Airlines. Its employees have finally agreed to return to work. The employees who wanted four-month salaries, agreed in the end to the management's proposal of three months' salaries. Employees, who haven't been paid...
  • India @ 9 with Bhupendra Chaubey October 24, 2012

    BJP leader Prakash Javadekar defends party president Nitin Gadkari over corruption allegations. Congress's chief ministerial candidate for Himachal Pradesh Virbhadra Singh apologises to media for threatening it. Kingfisher Airlines chairman Vijay Mallya confirms plans to attend Indian Grand Prix in Noida later this week even as the airline's staff protest demanding payment...
  • News 360: Gadkari gets support within BJP, silences critics October 24, 2012

    Refuting corruption charges against BJP President Nitin Gadkari, senior party leader LK Advani on Wednesday said that allegations against Gadkari were more to neutralise the unprecedented charges against the ruling UPA. Gadkari also got the support of RSS leader MG Vaidya who called it a trial by media. The BJP said...
  • Mallya to attend Indian GP while KFA lockout continues October 24, 2012

    New Delhi: Troubled Kingfisher Airlines Chairman Vijay Mallya will be attending the Indian Grand Prix event at Greater Noida later this week. Mallya will be returning at a time when the airline is in the middle of a crisis. The employees of Kingfisher Airlines wanted to speak directly to Mallya...
  • Kingfisher employees want salaries by Thursday October 24, 2012

    New Delhi: No end to the standoff between Kingfisher Airlines employees and management. The partial lockout is set to continue as the cash-strapped airlines' officials had sought time from the DGCA until Wednesday but the employees have refused a written assurance of three months salary before Diwali. They want to...
  • India @ 9 with Rajdeep Sardesai October 22, 2012

    Catch today's top stories with CNN-IBN Editor-in-Chief Rajdeep Sardesai. ...
  • Is Vijay Mallya solely responsible for the collapse of Kingfisher? October 22, 2012

    Kingfisher Airlines CEO Sanjay Agarwal on Monday said that the partial lockout of the crisis-hit airlines had been extended till October 25 from the earlier date of October 23. ...
  • Kingfisher Airlines: What brought it down October 23, 2012

    New Delhi: So how exactly was Kingfisher Airlines killed? The airline company was Chairman Vijay Mallya's muse. He chose to run it himself, even deciding to interview air hostesses, pilots and other staff members himself. So did this obsession lead to the company's decline? Apart from Mallya, few others were...
  • Kingfisher extends lockout till October 25 October 23, 2012

    New Delhi: Kingfisher Airlines CEO Sanjay Agarwal on Monday said that the partial lockout of the crisis-hit airlines had been extended till October 25 from the earlier date of October 23. The airline company on Monday held a closed-door meet with its employees' union in Mumbai and offered to pay...
  • KFA crisis continues as section of staff rejects salary offer October 23, 2012

    Mumbai: The impasse in the crisis-hit Kingfisher Airlines continued on Monday after a section of its employees rejected its offer of three months' salary before Diwali and demanded that their four months salaries be paid within a day or two. Satish Chandra Mishra, a Kingfisher employee said that the staff...