Kingfisher Airlines caused Rs 290 crore loss to AAI, says CAG

Last Updated: Thursday, July 30, 2015, 21:20

Bogged down by mounting debt and operational issues, the Vijay Mallya-owned KFA was grounded in 2012 after aviation regulator DGCA cancelled its licence.

BSE seeks clarification from United Bank over Kingfisher Airlines loan

Last Updated: Monday, May 25, 2015, 21:05

State-run United Bank of India Monday said the BSE has sought clarifications from it on reports that it does not expect to recover Rs 400 crore loan to the grounded carrier Kingfisher Airlines.

Grounded Kingfisher Airlines to pay Rs 12.9 lakh to ex-pilot

Last Updated: Tuesday, December 23, 2014, 16:04

A Delhi court has directed the grounded Kingfisher Airlines to pay the outstanding salary of three months amounting to Rs 12.91 lakh to one of its ex-pilots who had moved court over non-payment of dues.

Kingfisher says to appeal winding-up plea by creditor

Last Updated: Monday, February 3, 2014, 11:17

Kingfisher, which has not flown in more than a year for want of cash, said it would appeal against the Karnataka High Court`s order admitting the petition by Aerotron Ltd. Kingfisher said Aerotron was an unsecured creditor.

MGAT seeks govt nod to repair 14 grounded aircraft of KFA

Last Updated: Monday, January 6, 2014, 18:59

The aircraft (7 ATRs and 7 Air Bus 320) were grounded in various airports of Delhi, Chennai, Bengaluru and Kolkata due to operational problems and subsequent financial crisis faced by the airlines.

Kingfisher employees to go on hunger strike from Jan 6

Last Updated: Thursday, January 2, 2014, 19:03

They also sought disqualification of corporate leaders from the membership of Parliament on charges of such default.

Kingfisher Airlines employees to seek Arvind Kejriwal's help

Last Updated: Sunday, December 29, 2013, 16:06

The employees of the grounded Kingfisher Airlines, who have not been paid their salaries for the past 17 months, today said they will seek help from Delhi Chief Minister Arvind Kejriwal in getting their dues.

IDBI Bank hopeful of recovering 80% of Kingfisher dues

Last Updated: Wednesday, October 2, 2013, 19:27

Public sector lender IDBI Bank is hopeful of recovering up to 80 percent of its Rs 800 crore exposure to Kingfisher, even as the revival of the grounded airline remains uncertain.

Kingfisher employees plan hunger strike over salary dues

Last Updated: Sunday, September 15, 2013, 16:31

The employees received last salary this April for July 2012, sources said, adding a section of the city-based employees have already started a peaceful agitation.

KFA employees call off strike; no word on salaries from mgmt

Last Updated: Friday, June 7, 2013, 21:15

The agitation was called off after the second round of meeting between the employees and airline CEO Sanjay Agarwal, sources said.

Will go full throttle to recover dues from KFA: SBI Chief

Last Updated: Tuesday, April 16, 2013, 22:09

State Bank of India is the leader of consortium of lenders to grounded airline Kingfisher.

No Kingfisher operations without clearing dues: AAI

Last Updated: Thursday, April 11, 2013, 17:28

AAI sources said that Kingfisher could be allowed to operate on a cash-and-carry mode only after it clears Rs 390 crore dues to the state-run airports body.