Kingfisher Crisis

  • Nine Kingfisher trademarks put up for sale 08-04-2014 10:47 AM

    Mumbai: Kingfisher lenders on Monday put on block nine trademarks of the grounded carrier to recover dues running into crores of rupees. The trademarks put on on the block include Fly Kingfisher and Fly Kingfisher (Label), both registered with KFA and each having a validity of up to January 10,...
  • Mumbai: Kingfisher House to be auctioned as SBICAP takes possession 12-08-2013 09:24 AM

    Mumbai: In another setback for Kingfisher Airlines Chairman Vijay Mallya, the Kingfisher Airlines House in Mumbai will now be auctioned. The State Bank of India, which is a lender to the airlines, took possession of the Kingfisher House on Saturday. KFA House is the headquarters of the airline in Mumbai...
  • Vijay Mallya may face prosecution for not paying service tax arrears 08-08-2013 09:14 PM

    New Delhi: The Indirect Tax Department on Thursday hinted that Vijay Mallya, owner of the grounded Kingfisher Airlines, may face prosecution in a service tax evasion case. "Prosecution is definitely a provision there in the Act. And that decision of taking action on Kingfisher owner for not paying service tax...
  • Kingfisher Airlines employees call off strike 07-06-2013 10:25 PM

    Mumbai: The employees of the grounded Kingfisher Airlines, who were on a hunger strike, called it off on Friday evening though airline chairman Vijay Mallya reportedly expressed inability to pay salary arrears. The agitation was called off after the second round of meeting between the employees and airline CEO Sanjay...
  • Three senior Kingfisher Airlines executives quit 02-06-2013 01:37 PM

    Mumbai: Three more senior executives of Kingfisher Airlines, including its chief information officer, have quit the grounded carrier even as a section of its pilots are set to revive their agitation over non-payment of salaries. "The airlines' chief information officer Saurav Sinha, flight operations head Capt Ronald Nagar and cabin...
  • 'Will go full throttle to recover dues from Kingfisher' 16-04-2013 10:16 PM

    Mumbai: Banks will continue to sell pledged shares of Kingfisher Airline and invoke all other securities till they get back the dues, SBI Chairman Pratip Chaudhuri said on Tuesday. State Bank of India is the leader of consortium of lenders to grounded airline Kingfisher. "We have given instructions to recover...
  • KFA seeks approval from DGCA to relaunch operations 10-04-2013 06:27 PM

    New Delhi: After remaining grounded for over six months, Kingfisher Airlines on Wednesday sought regulatory approvals to relaunch its operations and submitted plans to the DGCA on infusion of funds and revival of its flights. "We have shared the funding and traffic plans. The initial funding to restart the airline...