New Delhi: It could be the beginning of the end for Kingfisher Airlines. The crisis-hit company, under lockout since September end, had his licence suspended on Saturday by the aviation watchdog, the Directorate General of Civil Aviation (DGCA). This means an immediate halt on bookings, followed by the staff intensifying their protests for their dues. The DGCA on Saturday said that the suspension will stay till it is convinced that...
09:00 PM, Oct 20, 2012
New Delhi: Flying licence of Kingfisher Airlines has been suspended till further orders, the Directorate General of Civil Aviation has said. "KFA's licence has been suspended till it comes with a revival plan," it said. The move comes after the Vijay Mallya-owned airlines failed to respond to DGCA's show cause notice. The airline has been struggling to pay its bills. It is seven months behind on salary payments and its...
02:34 PM, Oct 20, 2012
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: Suspension of licence stares in the face of crisis-ridden Kingfisher Airline as it extended its lockout till October 23 and submitted a reply to aviation regulator DGCA's show-cause notice on the matter. Reacting to the airline's reply, official sources said the Directorate General of Civil Aviation (DGCA) was consulting legal experts on what action - suspension or cancellation of flying licence - could be taken against Kingfisher for...
08:46 PM, Oct 19, 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: Kingfisher Airlines scrip on Thursday fell by about 5 per cent after the company's meeting with the striking employees failed to resolve the deadlock over unpaid salaries. Shares of the company opened weak and soon fell by 4.76 per cent to touch the lower circuit limit of Rs 12 on the BSE. At NSE, the scrip plunged 4.78 per cent to Rs 11.95. The management of KFA, grounded since...
12:06 PM, Oct 18, 2012
New Delhi: It seems it is end of the road for Vijay Mallya's Kingfisher Airlines? Civil Aviation Minister Ajit Singh on Wednesday said that the airline's license could be cancelled. Meanwhile, there seems no end to the lockout as talks with employees failed again on Wednesday. In fact the Directorate General of Civil Aviation (DGCA) has blocked out the debt-ridden airlines' winter schedule. No flights have been operating since October...
07:17 AM, Oct 18, 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: Union Civil Aviation Minister Ajit Singh on Tuesday asked the Airport Authority to scrap development fee. With this decision of the government, the Airport Development Fee will be abolished at the airports in New Delhi and Mumbai. The move will be effective from January 1, 2013. As of now, the fee at the airport is Rs 300 for a domestic ticket and Rs 1000 for an international ticket....
06:00 PM, Oct 16, 2012
New Delhi: Air India's newly-acquired Boeing 787 Dreamliner aircraft started its long-haul international operations on Monday with a flight to Frankfurt. "Air India's Dreamliner to Frankfurt marks a new era of its operations with the state-of-the-art aircraft on the long haul routes as well," a statement from the national carrier said. The airline received the first 787 Dreamliner from the US-based aircraft manufacturer Boeing on September 8, after a wait...
07:15 PM, Oct 15, 2012
Thiruvananthapuram: While Kerala Chief Minister Oommen Chandy is determined to see his pet Air Kerala project take off by April 14, 2013, aviation experts on Monday opined that unless prudence was shown, it would end up the way of numerous other state-owned enterprises. P.K. Devidas, an aviation professional with more than four-and-a-half decades of operational experience at the highest level with international airlines, said the simple rule that Chandy should...
12:20 PM, Oct 15, 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: Air India would shift its headquarters from Mumbai to Delhi as part of its Turnaround Plan, but no date has yet been finalised, official sources said on Friday. With Delhi airport emerging as its major operational hub, most flights of the national carrier were being operated out of here. Under the Turnaround Plan, government promised a package of Rs 30,000 crore to Air India over the next nine...
07:59 PM, Oct 12, 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: Civil Aviation Minister Ajit Singh on Tuesday said that a separate air accident bureau which will be established to investigate accidents. Speaking at the Economic editors conference, Singh claimed that international traffic in India witnessed a growth of 5.4 per cent during January-August compared to same period in 2011. While, approximate losses of airlines in 2011-12 is over Rs 10,000 crore, domestic traffic is rapidly shifting to low...
12:42 PM, Oct 09, 2012
The Centre on Monday refuted speculation about an Air India strike. Civil Aviation Minister Ajit Singh said that he had not received any letter from Air India pilots over the delay in salary payments. Reports are rife that a section of Air India pilots have sought Ajit Singh's intervention in resolving their grievances related to due salaries and allowances. ...
12:54 PM, Oct 08, 2012
Thiruvananthapuram: Air Kerala, the state government's airline, would be launched on April 14, 2013, to coincide with Vishu, new year's day in the Malayalam calendar, says Chief Minister Oommen Chandy. "It (Air Kerala) will be airborne on April 14. The only question is whether the first flight will be an international or domestic one," said Chandy. He added, "Next month, we will be applying to the Director General of Civil...
11:38 AM, Oct 08, 2012
New Delhi: The Civil Aviation Ministry has termed as "erroneous" the CAG's observations that "undue benefits" were given to operator of the Delhi International Airport. In a point-by-point rebuttal of the auditor's observations on Delhi International Airport (DIAL), the Ministry has told Parliament's Public Accounts Committee (PAC) that the process of selection of joint venture partners was completed as per laid-down procedure by observing all relevant guidelines and in accordance...
12:59 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: 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
