KFA

  • Mumbai: Kingfisher House to be auctioned as SBICAP takes possession 12-08-2013 09:24 AM

    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 Mumbai...
  • Kingfisher employees launch hunger strike 06-06-2013 11:47 PM

    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 11-04-2013 08:13 AM

    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...
  • Trying to help revive Kingfisher: SBI 05-12-2012 05:23 PM

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  • Action plan after Nov 17 if salary not paid: KFA employees 14-11-2012 08:09 PM

    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 13-11-2012 12:11 PM

    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 08-11-2012 06:14 PM

    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...
  • KFA won't fly if it doesn't get capital by Nov 30: SBI 06-11-2012 07:20 PM

    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 01-11-2012 12:59 PM

    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...
  • Kingfisher has to satisfy DGCA: Ajit Singh 26-10-2012 12:27 PM

    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...
  • KFA convinces staff to end strike, will approach DGCA next 25-10-2012 09:15 PM

    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...
  • Mallya to attend Indian GP while KFA lockout continues 24-10-2012 11:07 AM

    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 24-10-2012 08:39 AM

    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...
  • Kingfisher Airlines: What brought it down 22-10-2012 09:17 PM

    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 22-10-2012 08:15 PM

    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 22-10-2012 06:45 PM

    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...
  • KFA staff agree to take three months' salary: Sources 22-10-2012 06:25 PM

    New Delhi: The crisis in the Kingfisher Airlines may have been reduced a bit after its striking employees on Monday agreed to take it three months' salary offer. A final decision from the management on the resumption of flight operations, however, is awaited. The ailing airline company on Monday offered...
  • Kingfisher offers to pay a month's salary in 24 hours 22-10-2012 04:13 PM

    Mumbai: The ailing Kingfisher Airlines on Monday offered to pay one month salary to its employees in 24 hours during a closed-door meet with the representatives of its pilots' and employees' unions. Sources said that the airline company further offered to pay the second month salary within a week and...
  • Over 15 KFA aircraft stripped clean from inside 22-10-2012 01:00 PM

    New Delhi: In fresh trouble for cash strapped Kingfisher Airlines, at least 15 planes leased to them have been stripped clean, the leasing company sources told CNN-IBN. The 15 aircraft have been stripped of crucial parts at various airports and have been declared not fit to fly. Sources said that...
  • Kingfisher Airlines lenders say recovery last option 21-10-2012 05:18 PM

    Mumbai: Lenders to Kingfisher Airlines, whose combined exposure of nearly Rs 7,500 crore is at risk, have said they will go in for recovery measures only as the last resort and expressed hope that its promoters will be able to find an investor and resume operations. Aviation regulator DGCA on...
  • Scheduled flights will continue to operate: KFA 05-01-2012 05:22 PM

    New Delhi: Kingfisher Airlines on Thursday said that the scheduled flights will continue to operate and safety of passengers is of paramount importance. Sanjay Aggarwal, CEO, Kingfisher airlines said, "DGCA has asked Kingfisher Airlines to provide a specific timeline for getting the grounded aircraft back in the air and for...