Kingfisher

  • 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,...
  • Kingfisher Airlines employees urge Yuvraj Singh to refuse to play for RCB 14-02-2014 11:23 PM

    Yuvraj Singh became the top earner at the 2014 IPL Auction when he was sold for Rs. 14 crore to Royals Challengers Bangalore (RCB) - an Indian Premier League franchise owned by liquor baron Vijay Mallya, who also owns the controversy-ridden Kingfisher Airlines (KFA). According to India Today, the Kingfisher...
  • Grounded Kingfisher Airlines posts $132 million third quarter loss 12-02-2014 11:35 AM

    Grounded Kingfisher Airlines, which has not flown in more than a year, reported yet another quarterly loss as it had no income from operations. Kingfisher, once India's no. 2 carrier and headed by flamboyant liquor baron Vijay Mallya, said net loss was 8.22 billion rupees for its fiscal third quarter...
  • Kingfisher Airlines employees to turn to Kejriwal for help 30-12-2013 07:57 AM

    Mumbai: The employees of the grounded Kingfisher Airlines, who have not been paid their salaries for the past 17 months, on Sunday said they will seek help from Delhi Chief Minister Arvind Kejriwal in getting their dues. "In the past, we have requested to both the Congress and the BJP...
  • Harried Kingfisher Airlines employees to turn to Kejriwal for help 29-12-2013 05:15 PM

    Mumbai: The employees of the grounded Kingfisher Airlines, who have not been paid their salaries for the past 17 months, on Sunday said they will seek help from Delhi Chief Minister Arvind Kejriwal in getting their dues. "In the past, we have requested to both the Congress and the BJP...
  • FIR against Mallya, Kingfisher for non-payment of airport fees 25-10-2013 08:10 PM

    An FIR was filed against liquor baron Vijay Mallya and his cash-strapped Kingfisher Airlines on a criminal complaint by Bangalore International Airport Limited for non-payment of user development fees and passenger service fees to it on Friday. "We have filed an FIR against Vijay Mallya and Kingfisher Airlines...," Assistant Police...
  • Kingfisher Airlines in talks with an investor: Vijay Mallya 24-09-2013 04:24 PM

    Kingfisher Airlines Ltd, which has been grounded for almost a year for want of cash, is in talks with a foreign investor for a potential stake sale, Chairman Vijay Mallya said on Tuesday, without naming any investor. "I expect this to take some form or shape in the next 90...
  • Kingfisher's annual general meet today, employees threaten hunger strike over salary dues 24-09-2013 08:37 AM

    Grounded Kingfisher Airlines on Monday made a last-ditch attempt to preempt a hunger strike threat by its employees, by asking them to wait till Thursday, as airline expects some positive outcome from the hearing on the winding up petition against it, say sources. The Karnataka High Court is slated to...
  • Kingfisher Airlines seek $236 million in damages from engine-maker IAE 03-09-2013 03:00 PM

    A founder group company of grounded Indian carrier Kingfisher Airlines Ltd is seeking about $236 million in damages from engine-maker International Aero Engines for allegedly supplying "inherently defective" engines, the airline said. United Breweries (Holdings) Ltd has filed a lawsuit against International Aero Engines AG and its shareholders in a...
  • Vijay Mallya blames all but himself for Kingfisher woes 03-09-2013 12:11 AM

    Mumbai: Kingfisher Airlines Chairman Vijay Mallya has blamed almost everyone, including engine suppliers, employees, banks and tax authorities, for grounding of the carrier since October last year. In the airline's annual report (2012-13), he also mentions that the company is in talks with a "potential investor". United Breweries (Holdings) Ltd,...
  • SBI takes possession of Kingfisher House 12-08-2013 10:18 PM

    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. ...
  • 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...
  • Don't have money to pay your salaries: Mallya to KFA staff 07-06-2013 06:52 PM

    Mumbai: Kingfisher Airlines chairman Vijay Mallya on Friday told his agitating employees, who began a hunger strike, that he did not have money to clear their salary dues. "I don't have the money to pay your salary dues, because I cannot use the proceeds from the United Spirits-Diageo deal for...
  • Kingfisher employees launch hunger strike 06-06-2013 11:47 PM

    Mumbai: A section of the employees of the grounded Kingfisher Airlines on Thursday sat on a hunger strike at the Kingfisher House in Mumbai, demanding immediate payment of salaries, which have been pending since last August. "As many as 60-70 employees are currently on an indefinite hunger strike at the...
  • 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...
  • Kingfisher's Q4 net loss widens to Rs 2,141 crore 31-05-2013 05:50 PM

    Mumbai: Kingfisher Airlines, grounded since October 1, 2012, on Friday reported net loss at Rs 2,141.80 crore for the quarter ended March, 2013. The company had reported a loss of Rs 1,151.83 crore in the same period a year ago. The carrier reported nil sales for the period under review...
  • Royal Challengers captain Virat Kohli booed at Delhi airport 07-05-2013 11:40 PM

    New Delhi: Kingfisher Airlines employees, who haven't received their salaries for months, adopted a unique form of protest. They booed Royal Challengers Bangalore's Virat Kohli at the Delhi airport on Tuesday. Virat is the captain of the team owned by Vijay Mallya who also owns Kingfisher airlines. Kingfisher Airlines, once...
  • Banks sell Kingfisher's assets, recover Rs 1000 cr 06-05-2013 06:56 PM

    New Delhi: State Bank of India (SBI) on Monday said the consortium of lenders has recovered Rs 800-1,000 crore and is making all efforts to recover the remaining dues from beleaguered Kingfisher Airlines. "KFA recoveries are going on. We have substantial amount of recoveries. Total recoveries for banks is more...
  • '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...
  • Kingfisher Airlines submits plan to restart operations 11-04-2013 08:13 AM

    New Delhi: Grounded Kingfisher Airlines submitted a plan to the Director General of Civil Aviation (DGCA) to restart operations, saying its parent group would provide initial funding and asking for its flying licence to be renewed. Kingfisher, controlled by liquor tycoon Vijay Mallya, who also owns UB Group, was forced...
  • 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...
  • AI eyes KFAr's self check-in kiosks at Mumbai airport 07-04-2013 11:49 AM

    Mumbai: National carrier Air India has shown interest in acquiring some of the self check-in kiosks of Kingfisher Airlines (KFA) at the city's domestic airport, weeks after private carrier Jet sought to take over some of the international and domestic routes of KFA, say airport sources. "Since Kingfisher Airlines is...
  • IPL: KFA employees to protest before RCB skipper 01-04-2013 12:58 PM

    New Delhi: Two days before the season six of the Indian Premier League begins, Kingfisher airlines employees have planned to stage a protest on Monday. Many of them are planning to hold a protest outside the Delhi residence of cricketer Virat Kohli. Kohli is the captain of the Bangalore Royal...
  • Finance Ministry asks PSU banks to limit loan write-offs 31-03-2013 12:10 PM

    New Delhi: The Finance Ministry has asked public sector banks to limit the amount of loan write-offs and sought details of recoveries made by them in the six years ending 2011-12 with an aim to improve the finances of PSU lenders. It has also asked the banks to ensure that...
  • 'Leasing cos cautious towards Indian aircraft carriers' 31-03-2013 10:18 AM

    New Delhi: The court battle among airport operators, tax authorities and Kingfisher Airlines' lessors over repossession of its planes may have a negative impact on other Indian carriers leasing aircraft from global leasing companies, a leading aviation consultancy firm has said. Major aircraft leasing companies and financers have started adopting...