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: The CEO of Kingfisher Airlines Ltd, grounded since the start of the month, urged striking employees to return to work as the carrier scrambled to find solutions to its cash flow problems. Shares in the carrier fell 5 percent, their daily limit, for the eighth straight session on Wednesday as investors lose hope that the airline controlled by liquor baron Vijay Mallya will get a lifeline from a...
09:38 PM, Oct 10, 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: Aviation regulator DGCA has asked Kingfisher Airlines to stop selling tickets following reports that it had started accepting bookings from Friday, a day after it proposes to end its lockout. "We have sent a notice to the airline to stop bookings," a top official of the Directorate General of Civil Aviation (DGCA) said here. Soon after Kingfisher extended its lockout till October 12, travel agents said ticket sale...
06:13 PM, Oct 09, 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 unending woes of Kingfisher Airlines have been brought into sharp focus by the suicide of a ground engineer's wife, allegedly because she was depressed ...
11:29 AM, 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: The National Human Rights Commission has 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. In her suicide note, 45-year-old Sushmita wrote, "My husband works...
10:20 AM, Oct 08, 2012
New Delhi: Comparing their condition similar to Kingfisher employees, a section of Air India pilots have sought Civil Aviation Minister Ajit Singh's intervention in resolving their grievances related to due salaries and allowances. In a letter to Singh, the Indian Commercial Pilots Association termed the suicide by the wife of a Kingfisher employee as "unfortunate" and said that "matters at Air India were not too different from Kingfisher Airlines". "Our...
09:26 AM, Oct 08, 2012
New Delhi: Air carriers may be flying through rough weathers, but their top executives have got handsome pay hikes, while CEO of crisis-ridden Kingfisher has emerged as the second-highest paid among all his peers at Vijay Mallya-led UB Group. Among the country's three listed airlines also, Kingfisher CEO Sanjay Agarwal's pay package was the second highest in the last fiscal ended March 31, 2012, as per the remuneration details provided...
05:46 PM, Oct 07, 2012
New Delhi: With DGCA serving a show-cause notice to beleaguered Kingfisher Airlines asking why its license should not be taken away, industry experts on Saturday said it could have been issued four months ago when the then aviation regulator chief had made a similar recommendation to avoid the present situation. "The government should have taken forward the recommendations made by then DGCA chief EK Bharat Bhushan who had recommended issuance...
10:04 AM, Oct 07, 2012
New Delhi: Troubled Kingfisher Airlines would have to submit a detailed plan to aviation regulator DGCA before they are allowed to resume flights, Civil Aviation Minister Ajit Singh said on Saturday. Asked whether the Directorate General of Civil Aviation (DGCA) was likely to move ahead with suspending or cancelling the crisis-ridden carrier's flying license, he said it was for the regulator to decide after it studies their reply to the...
03:20 AM, Oct 07, 2012
New Delhi: Adding woes for liqour baron and owner of cash-strapped Kingfisher Airlines Vijay Mallya is main lender SBI which has said that it cannot release any more funds. SBI Chairman Pratip Chaudhuri said that the tax department has freed 80 per cent of Kingfisher Airlines' funds and the loans to the airline are fully provided for. And there is no room for more loans to the airline. This means...
10:58 AM, Oct 06, 2012
New Delhi: More trouble for Vijay Mallya owned Kingfisher Airlines as the Directorate General of Civil Aviation (DGCA) has now issued a show-cause notice to the airline asking why its flying permit should not be cancelled. The airline employees staged protests across the country over non-payment of salary on Friday. Kingfisher employees were out on the streets - a nationwide protest launched against the management for not paying salaries for...
07:42 AM, Oct 06, 2012
New Delhi/Mumbai: Civil Aviation Minister Ajit Singh on Friday again made it clear that Kingfisher Airlines cannot fly until it satisfies all the mandatory safety norms. "In order to give them (Kingfisher Airlines) permission to fly again, they have to satisfy the DGCA (Directorate-General of Civil Aviation) on all safety issues," Singh said as the airline extended its lockout for another week. Asked whether the airline's licence will be cancelled...
02:09 AM, Oct 06, 2012
Kolkata: Employees of various airlines, particularly Kingfisher, walked in a silent candlelight procession in the compound of the NSC Bose International Airport in Kolkata on Friday evening. Airport sources said they walked from the international terminal building to the domestic terminal building in memory of the wife of a Kingfisher employee who committed suicide on Thursday. She killed herself apparently because of financial stress due to non-payment of salaries to...
11:18 PM, Oct 05, 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
Aviation Minister Ajit Singh on Friday said that what had happened to the Kingfisher Airlines was very unfortunate. He said there were high chances that the licence of the airline would be suspended. The Aviation Minister told reporters that the DGCA was seeking legal opinion as the company was in partial lockout mode. Singh said the overall management of Kingfisher Airlines was responsible for the company's failure. ...
06:22 PM, Oct 05, 2012
