Revival Plan

  • Kingfisher should infuse Rs 2,000 cr for revival: SBI January 22, 2013

    Bhubaneswar: Kingfisher Airlines needs to invest at least Rs 2,000 crore to restart its operations, said one of its lenders, State Bank of India's Chairman Pratip Chaudhuri. SBI is the lead banker in the 17lender consortium that extended Rs 7,000 crore loans to the now grounded Kingfisher Airlines. The staterun bank...
  • No details of financing revival plan from Kingfisher January 16, 2013

    New Delhi: Grounded Kingfisher Airlines on Wednesday made another attempt to convince Director General of Civil Aviation (DGCA) on its revival plans, but failed to provide any details on its funding which the aviation regulator wanted. Kingfisher chief executive officer Sanjay Agarwal met DGCA Arun Mishra in New Delhi for...
  • Vijay Mallya lists out Kingfisher revial plan January 10, 2013

    Mumbai: With employees threatening to move court for closure of the company, Kingfisher Airlines chairman Vijay Mallya on January 10 finally broke his silence through a letter to his employees saying the management is making every effort to restart operations. At the same time, Mallya urged the employees to be...
  • Kingfisher Airlines submits revival plan to DGCA December 24, 2012

    New Delhi: Financially stretched Kingfisher Airlines on Monday submitted its revival plans to the aviation regulator which had cancelled its flying licence over safety concerns. "They (Kingfisher Airlines) submitted their revival plans to the director general of civil aviation (DGCA) in a meeting held today (Monday)," a civil aviation ministry...