New Delhi: All eyes are on Kingfisher Airlines which faces suspension of its license on Saturday after it failed to reply to any of the questions posed in the Directorate General of Civil Aviation (DGCA) show cause notice. Instead, the airline has asked for time to reply in person to the notice. The DGCA is mulling what steps should be taken next with a team of legal experts. A decision...
07:34 AM, Oct 20, 2012
New Delhi: Cash-strapped Kingfisher Airlines on Friday extended its partial lockout till October 23. Sources, however, say that operations may resume on November 6, "subject to the review and approval" of the airline company's "resumption plan by the Directorate General of Civil Aviation (DGCA)". The airline company said that it had submitted its reply to the DGCA's showcause notice and that it was now waiting for its response. If the...
04:48 PM, Oct 19, 2012
Mumbai: The management of Kingfisher Airlines (KFA), grounded since September 29, will be meeting striking pilots and engineers again on Monday in a bid to end the three-week imbroglio, senior pilots said on Wednesday, indicating the crippled airline will have to extend the lockout for a second time. Earlier in the day, the KFA management, led by Chief Executive Sanjay Aggarwal and HR head Hitesh Patel met the representatives of...
11:42 PM, Oct 17, 2012
Mumbai: Kingfisher Airlines will extend the date to restart the carrier's operations, its chief executive Sanjay Aggarwal told reporters, after a meeting with employees on Wednesday. Kingfisher said last week that its planes, grounded since October 1 after an employee protest turned violent, would not fly until October 20. "Talks have been positive. We are moving in the right direction. We will have to extend the deadline to restart operations,"...
04:03 PM, Oct 17, 2012
New Delhi: Beleaguered Kingfisher airlines, which has declared a lockout till October 20, will hold a meeting with the employees' representatives on Monday in Mumbai to resolve the deadlock over non-payment of salary dues. Airline CEO Sanjay Aggarwal has written a letter calling employees for the meeting, airline sources said. Employees have been on a strike demanding payment of salaries of seven months and have been insisting that dues be...
11:39 AM, Oct 14, 2012
New Delhi: The partial lockout of the Kingfisher Airlines is likely to be extended again on Friday. The partial lockout, which was initially announced by the carrier till October 4, was earlier extended till October 12 by the management citing "illegal strike" by its staff. According to sources, the employees of Kingfisher Airlines have made it clear that they will not join back work till they get their salaries. The...
07:40 PM, Oct 11, 2012
New Delhi: Cash-strapped Kingfisher Airlines' CEO Sanjay Aggarwal has written to the airline employees asking them to help the airline back to normalcy. "We need you to help us to have any chance of getting back to normalcy. Hope we will able to present viable plan to the DGCA and we hope to resume operations on October 13." Sanjay's letter says that the airline management has been working relentlessly to...
11:26 AM, Oct 10, 2012
New Delhi: Kingfisher Airlines' woes continue as the airline's employees will be marching from India Gate to Jantar Mantar on Tuesday as there seems no end to the deadlock with the management. The National Human Rights Commission (NHRC) is also expected to send Chairman Vijay Mallya a notice in connection with the suicide of an employees wife. The Kingfisher staffer's wife committed suicide on Thursday citing financial strain. She had...
09:06 AM, Oct 09, 2012
Mumbai: Nearly 70 staffers of the beleaguered Kingfisher Airlines began protesting outside the Mumbai airport on Monday morning demanding payment of salaries. Their protest march will end at Kingfisher House which is adjacent to the airport. The protesting staff members said that the management had communicated with them so far over measures being taken to address their grievances. The airline has temporarily locked down its operations and grounded its fleet...
01:31 PM, Oct 08, 2012
The National Human Rights Commission (NHRC) on Monday admitted a plea against Kingfisher Airlines Chairman Vijay Mallya. The plea urges the rights panel to initiate a case against him in the death of a Kingfisher employee's wife. Kingfisher store manager Manas Chakravarti's wife in her suicide note mentioned that she couldn't take the financial stress caused by non-payment of salaries. ...
10:39 AM, Oct 08, 2012
New Delhi/Mumbai: In more trouble for Kingfisher Airlines, aviation regulator DGCA on Friday issued a show-cause notice asking why its flying license should not be suspended or cancelled as it had grounded its entire fleet and failed to offer safe and reliable service. With the liquor baron Vijay Mallya-owned airline having declared a lockout till October 12, the Directorate General of Civil Aviation (DGCA) issued the notice to the crisis-ridden...
08:16 PM, Oct 05, 2012
Mumbai: The State Bank of India (SBI) on Friday said Kingfisher lenders have decided to release funds to the debt-ridden airline on "humanitarian grounds" considering that its employees have not been paid for the past seven months. "The money that has been released by the tax authorities, 80 per cent of that will be made available to the company on humanitarian grounds, specifically to pay salaries of the employees," SBI...
07:04 PM, Oct 05, 2012
The wife of a Kingfisher Airlines store manager Manas Chakraborti committed suicide in Delhi on Thursday. Her suicide note said that the family was under severe financial strain as her husband had not been paid his salary for the past six months. Chakraborti had joined Kingfisher after retiring from the Indian Air Force. The couple has a son who is studying in an engineering college. The victim's body was discovered ...
11:57 AM, Oct 05, 2012
Mumbai: Falling for the fourth straight day, shares of Kingfisher Airlines were down about 5 per cent as hopes of the ailing company resuming operations faded on Thursday with management failing to persuade striking engineers and pilots to return to work. The scrip tanked 4.79 per cent to hit the lower circuit limit of Rs 13.90 on the BSE. At the NSE, the stock plunged 4.79 per cent to Rs...
12:10 PM, Oct 04, 2012
New Delhi: The resumption of Kingfisher Airlines' flight four days after its lock-down seems to be under a cloud after talks between the airline management and employees failed. Sources said that the staff who have not been paid their salaries since March demanded to be paid in full on Wednesday and this was turned down by the management. Sources added that CEO Sanjay Aggarwal requested his employees for 20 more...
08:34 AM, Oct 04, 2012
New Delhi: The CEO of the cash-strapped Kingfisher Airlines, Sanjay Agarwal, said on Tuesday that flight operations are expected to begin on October 4, soon after his meeting with the Directorate General of Civil Aviation (DGCA) ended. Speaking to reporters, Agarwal said that the company will first discuss the matter with its employees and then take a decision. The CEO further said that salaries of half the 4000 employees had...
12:41 PM, Oct 02, 2012
New Delhi: Aviation Minister Ajit Singh on Tuesday reiterated that Kingfisher Airlines will not be allowed to operate flights until its engineers report back to work and they certify on the flights' safety. "Passenger safety cannot be compromised. The Directorate General of Civil Aviation (DGCA) is talking to them today. They will send a report and a decision will be taken after that," he said. The CEO of the cash-strapped...
11:46 AM, Oct 02, 2012
New Delhi: The CEO of the cash-strapped Kingfisher Airlines is expected to meet the Directorate General of Civil Aviation (DGCA) on Tuesday. The CEO was summoned by the DGCA after all of Kingfisher Airlines flights were cancelled on Monday after its pilots and engineers refused to report to work over non-payment of salaries since March this year. Kingfisher Airlines was forced to declare a temporary lockout of its operations till...
08:19 AM, Oct 02, 2012
New Delhi: Sources in the Aviation Ministry said on Monday that the CEO of the Kingfisher Airlines had been summoned by the Director General of Civil Aviation (DGCA) after all of its flights were grounded after pilots refused to work over non-payment of salaries. The meeting will be held on Tuesday. The sources added that the Aviation Ministry will soon take a call on shutting down the airline that is...
03:10 PM, Oct 01, 2012
New Delhi: Debt-ridden Kingfisher Airlines saw its headcount fall by over 1,600 people or 22 per cent in the last fiscal and the carrier is planning further measures for optimising its "human resources utilisation". The airline had a total of 5,696 employees for the year ended March 31, 2012, down from 7,317 employees in the previous year, Kingfisher said in its annual report for 2011-12 released on Monday. Costs towards...
10:49 PM, Sep 03, 2012
