Catch today's top stories with CNN-IBN Editor-in-Chief Rajdeep Sardesai. ...
11:45 PM, Oct 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. ...
11:14 PM, Oct 22, 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 allowed to run the show. Smallest decisions had to wait for the Chairman's go-ahead, say management insiders. However, the real...
09:17 PM, Oct 22, 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 three months' salary before Diwali. The employees, however, have rejected the offer, saying they wanted four months' salary in a...
08:15 PM, Oct 22, 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 members will not join work until their dues were cleared. Questioning the silence of Chairman Vijay Mallya, Mishra said that...
06:45 PM, Oct 22, 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
Mumbai: A section of pilots of near-bankrupt Kingfisher Airlines on Saturday went on strike, second time in the month, demanding immediate payment of March salaries, leading to cancellation of seven flights from Mumbai. "A section of Mumbai-based pilots have gone on strike due to repeated failure to keep up with the promises (made by the airline management)," airline sources told PTI. Some flights from Mumbai have already been cancelled due...
02:46 PM, Aug 18, 2012
Mumbai: Debt-crippled Kingfisher Airlines' scheduled flights will operate normally with immediate effect, the company said in a statement late on Saturday. The firm had to cancel its 41 scheduled flights on Saturday, after some staff did not report for work in response to the company failing to pay their salaries. The airline is under immense pressure from lenders to work out a turnaround plan. Kingfisher has never made a profit....
01:00 PM, Jul 15, 2012
Mumbai: Three Kingfisher flights from Mumbai were cancelled on Saturday morning after a section of its pilots did not report for work. The flights that were cancelled were IT4141 to Kandla, IT 181 to Chennai and IT 101 to Bangalore. The Kingfisher management and its pilots have been at loggerheads over the delayed disbursement of salaries. The disgruntled pilots on Saturday claimed that their salaries had not been disbursed into...
08:14 AM, Jul 14, 2012
New Delhi: In what may be slightly encouraging news, junior employees of the cash-strapped Kingfisher Airline were paid part of their February salaries on Friday. Reports said that the company was raising funds from within the UB Group. UB Group spokesperson, however, did not respond to queries. Most employees are now said to be back at work. Meanwhile, sources said that the March salaries would be cleared in the next...
01:35 PM, Jul 06, 2012
New Delhi: Kingfisher Airlines, that is dealing with a strike by over 70 pilots presently, had some positive news on Friday. Chairman Vijay Mallya wrote to his employees assuring them that their long-overdue salaries would be disbursed starting Friday. Nearly 72 pilots based in north India went on a mass sick leave on Thursday protesting non-payment of salaries since December, and were even trying to convince their counterparts in Mumbai...
11:19 AM, May 11, 2012
New Delhi: Kingfisher Airlines Chairman Vijay Mallya is expected to meet pilots in Delhi on Thursday in an effort to resolve the salary payments issue. The airline is also planning to curtail its international operations. On Wednesday, Civil Aviation Minister Ajit Singh reiterated that the government will not bail out Kingfisher. Aviation watchdog DGCA has said that Kingfisher Airlines is still flouting rules and may face action. Earlier, Kingfisher issued...
06:35 AM, Mar 15, 2012
