Kingfisher to submit flight schedule to DGCA New Delhi: Kingfisher Airlines will submit a detailed revised schedule for the aircraft that it is still operating to the Directorate General of Civil Aviation (DGCA) by 12 noon on Wednesday. The DGCA pulled up the airlines' CEO Sanjay Aggarwal on Tuesday for the sudden flight cancellations and not coming up with a realistic plan. Kingfisher is currently operating 28 of its 64 aircraft. Speaking out on the crisis, Kingfisher...  
08:03 AM, Feb 22, 2012

Kingfisher gets 24 hours to answer to DGCA

Kingfisher Airlines CEO Sanjay Aggarwal on Tuesday met the DGCA over the ongoing crisis. ...
08:01 PM, Feb 21, 2012

I-T dept to defreeze Kingfisher accounts: Sources New Delhi: The Income Tax department is likely to defreeze the frozen accounts of Kingfisher Airlines, which has been hit by a major cash crunch, leading to cancellations of several flights in almost all its routes across the country. According to sources, Kingfisher Airlines is also likely to make partial payments of Income Tax dues. The airlines owes as much as Rs 53.8 crore for financial year 2011 to the...  
07:44 PM, Feb 21, 2012

Passengers should not suffer due to Kingfisher crisis: DGCA

DGCA chief Bharat Bhushan said we have to ensure that the Kingfisher airlines comes back to action. ...
03:51 PM, Feb 21, 2012

Kingfisher's reply not satisfactory: DGCA sources New Delhi: The Directorate General of Civil Aviation (DGCA) was not satisfied with the crisis-hit Kingfisher Airlines' reply on the flight cancellations, according to sources. Sources in the DGCA said that they wanted a detailed reply from Kingfisher on the safety of passengers. The DGCA gave the crisis-hit Kingfisher Airlines time till Wednesday to submit its flight schedule with the 28 operational aircraft. DGCA chief Bharat Bhushan said that out...  
12:51 PM, Feb 21, 2012

Kingfisher to return aircraft, sees pilot exodus Mumbai: Kingfisher Airlines Ltd plans to return some aircraft voluntarily to lessors after defaulting on payments and has seen a fresh exodus of pilots, local media reported. Kingfisher shares plunged as much as nearly 20 per cent on Tuesday ahead of a meeting between the airline's top executives and the country's aviation regulator. The Directorate General of Civil Aviation (DGCA) has asked the struggling carrier to explain why it has...  
10:51 AM, Feb 21, 2012

Kingfisher crisis: what is the way forward? Mumbai: As Kingfisher hits rough weather, it isn't getting any easier for other members of the exclusive club in the Indian skies. The country's six domestic passenger airlines are all fighting for survival and a short-staffed Directorate General of Civil Aviation (DGCA) fears financial stress among them could compromise passenger safety. The financial audit report of the regulatory body that concluded just last month says all airlines were slammed for...  
08:06 AM, Feb 21, 2012

Kingfisher crisis: CEO to appear before DGCA New Delhi: As Kingfisher Airlines feels the heat from the ongoing crisis, CEO Sanjay Aggarwal is expected to appear before the Directorate General of Civil Aviation (DGCA) on Tuesday to explain why flights are being cancelled. Kingfisher Airlines cancelled flights for three days in a row without informing the aviation regulator. Forty flights were cancelled on Monday itself. Meanwhile, woes for those who've booked Kingfisher Airlines flights could continue for...  
07:29 AM, Feb 21, 2012

Should the government bail out Kingfisher?

Union Civil Aviation Minister Ajit Singh has said that the government cannot give a bailout to private airlines, however, the banks can give money to the airlines under RBI norms. ...
11:29 PM, Feb 20, 2012

Newsmaker of the day: Vijay Mallya

The Kingfisher Airlines on Monday virtually blamed the I-T authorities for the flight disruptions. ...
10:46 PM, Feb 20, 2012

Talking to I-T Dept to resolve crisis: Kingfisher New Delhi: Kingfisher Airlines on Monday said that the freezing of its bank accounts by the Income Tax authorities had 'severely affected' payment schedules that had led to the curtailment in its services. "The prime reason for the current disruption in our flight schedules is the sudden attachment of our bank accounts by the I-T department. This has severely affected our ability to make operational payments leading to the present...  
06:19 PM, Feb 20, 2012

Government says no to Kingfisher bailout New Delhi: Aviation Minister Ajit Singh on Monday flatly refused any government help to cash-strapped Kingfisher Airlines saying the government was not bound to help any individual airline, but the aviation industry. He said that Vijay Mallya must approach banks to bail out his airline. "The government is bound to help Air India. Kingfisher has to present its business plan to banks," said Singh. "The government cannot direct banks or...  
06:17 PM, Feb 20, 2012

Flying low: Losses galore for Indian aviation

The situation seems grim, not just for Kingfisher Airlines, but for the aviation sector as a whole, what with Jet Airways and SpiceJet posting record losses. ...
04:46 PM, Feb 20, 2012

Kingfisher crisis to continue for a week, hints CEO New Delhi: Kingfisher Airlines has now claimed that it will give the salaries to its employees in a week's time, blaming "some large unexpected payments" for the delay in salary disbursement. The chief executive of the airlines also hinted that the disruption of flights operations will continue for one more week. In a message to the employees of Kingfisher Airlines, CEO Sanjay Aggarwal said, "We got hit by some large...  
12:09 PM, Feb 20, 2012

Differently abled asked to deplane SpiceJet flight Kolkata: A woman suffering from cerebral palsy was allegedly asked to deplane a SpiceJet flight at the Kolkata airport. A report in the national daily 'The Indian Express' said that the pilot mistook the passenger for a mentally challenged patient. The 42-year-old woman, Jeeja Ghosh, who teaches at Kolkata's Indian Institute of Cerebral Palsy was on her way to Goa. Apologising for the incident, the SpiceJet management said, "'We deeply...  
12:03 PM, Feb 20, 2012

More Kingfisher flights hit, DGCA summons CEO New Delhi: There is fresh trouble for Kingfisher Airlines. The Directorate General of Civil Aviation (DGCA) has summoned its CEO Sanjay Aggarwal to appear before the aviation regulator on Tuesday. Meanwhile, Kingfisher on Monday cancelled 30 more flights in Mumbai and Bangalore while it rescheduled two others. Kingfisher operations at the Kolkata airport were also shut till March 3. The move by the airlines came a day after it cancelled...  
10:51 AM, Feb 20, 2012

More Kingfisher flights cancelled, DGCA acts Bangalore: The trouble for the Kingfisher Airlines failed to end on Monday as 17 more flights were cancelled in Mumbai and Bangalore while two others were rescheduled in the morning. This came a day after as many as 28 flights were cancelled on Sunday. Meanwhile, Kingfisher operations at the Kolkata airport have been shut till March 3. The series of flight cancellations have landed Kingfisher airlines in trouble with the...  
08:28 AM, Feb 20, 2012

Will Kingfisher's licence be terminated? New Delhi: It's another day, another crisis for the Kingfisher Airlines that is already suffering from huge losses. The cash-strapped airline has been cancelling flights without informing the travellers. Taking a strong exception to it, the Directorate General of Civil Aviation (DGCA) on Sunday initiated an enquiry. Sources say the top aviation regulator has asked for a full report on the cancellation of flights by the airlines without warning. Cancelling...  
07:49 PM, Feb 19, 2012

Passengers suffer as Kingfisher crisis worsens

The Kingfisher Airlines is already crippled after tax authorities attached its bank accounts over non-payment of dues last week. ...
03:45 PM, Feb 19, 2012

Cancellation of Kingfisher flights continues New Delhi: Flight schedules of Kingfisher Airlines was disrupted for the second day on Sunday as it cancelled a large number of flights with the Income Tax department freezing some of its accounts. As many as 16 flights from Mumbai and four from Delhi, including one to Kathmandu were cancelled. Operations from Kolkata, from where it operates at least seven flights each day, are halted since Friday night. Alarmed over...  
02:31 PM, Feb 19, 2012