KINGFISHER AIRLINES LTD Q4 RESULTS
Why Vijay Mallya's Kingfisher Airlines is still not grounded
Here's the strange story of an airline that's been severely criticised by the aviation regulator but is operational, thanks partly to even stranger official leniency.
Aviation crisis: Pilots ground Kingfisher Airlines
Kingfisher Airlines faced a fresh setback on Saturday when its pilots—who have not received salaries for five months—grounded the carrier, forcing it to cancel as many as half of its scheduled 85 to 1...
Small investors, HNIs hike Kingfisher Airlines exposure
The holding of small investors (defined as those holding up to Rs one lkh worth shares) has almost doubled in 15 months, while that of HNIs has tripled.
Banks, airport authorities turn heat on Kingfisher Airlines
Kingfisher is facing fresh pressure from lenders and airport authorities who are keen to protect their dues from the beleaguered private carrier.
Our focus remains on profitable growth in Q3 and Q4: Ajay Singh, SpiceJet
“The aviation sector needs to be much more responsible and we need to have sustainable fares in the market.”
United Breweries Holdings Q4 net loss narrows to Rs 43 crore
United Breweries had posted a net loss of Rs 373.73 crore during the same period of the previous fiscal.
Kingfisher Airlines ceases to be a subsidiary: UB Holdings
UB Holdings said Kingfisher Airlines has ceased to be its subsidiary, but it had a significant exposure of over Rs 12,000 crore to the air carrier.
Promoter holding in Kingfisher Airlines dips below 50%
The promoters' overall stake in the troubled air carrier last stood below 50 per cent level about four years ago on June 30, 2008.
Kingfisher Airlines to resume salary payment: Vijay Mallya
All junior staff will be paid before Easter ie on Wednesday April 4th. All pilots and engineers will be paid on Monday April 9th and Tuesday April 10th.
Kingfisher Airlines dues: Service Tax Department seeks its share from sale of securities undertaken by lenders
When asked about the dues owed by the grounded airliner to the department, Solanki said it is over Rs 50 crore plus interest.
HPCL stops jet fuel supply to Kingfisher Airlines
In fresh trouble for Kingfisher Airlines, state-owned Hindustan petroleum stopped jet fuel supplies to the ailing carrier due to non-payment of dues.
AirAsia looks for flight attendant aspirants, enthuse Kingfisher Airlines staff
AirAsia, which has set up an Indian arm in partnership with the Tata Group, announced hiring flight attendants from April 13.
Kingfisher Airlines gains post Q3 results; ATF price cut helps
Shares of Kingfisher Airlines surged on Thursday despite the airliner reported a 75 per cent net loss for the December quarter from a year earlier.
Air India's plight is the result of political interference and mismanagement
An ill-advised merger with the domestic carrier, Indian Airlines, delayed and bunched up purchase of new planes and rising oil prices have not helped matters.
Kingfisher Airlines inks frequent flier pact with American Airlines
Kingfisher Airlines is a member-elect of the world's leading quality airline alliance, oneworld, of which American Airlines is a founder member.
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