Kingfisher employees get salaries after 4 months

Last Updated: Monday, April 9, 2012, 18:24

A large section of Kingfisher Airlines employees, including pilots and engineers, received their salaries today after a delay of nearly four months.

Kingfisher crisis: Deadline ends today for Mallya to pay tax

Last Updated: Saturday, April 7, 2012, 09:15

Time has run out for Kingfisher Chairman Vijay Mallya as Saturday happens to be the last day for him to pay up at least Rs 9 crores out of the pending Rs 60 crore of service tax dues. The failure to make the payment might again lead to the airline’s accounts being frozen by the tax authorities.

Airbus not to insist on Kingfisher taking aircraft delivery

Last Updated: Tuesday, April 3, 2012, 16:42

Liquor Barron Vijay Malya-owned airlines is struggling to sustain its operations with debts of around Rs 7,000 crore.

Kingfisher employees call off threatened strike

Last Updated: Tuesday, April 3, 2012, 09:20

A fresh crisis in the Kingfisher Airlines was averted on Tuesday after the beleaguered carrier's employees withdrew their proposed agitation accepting its promoter Vijay Mallya's assurance for a staggered payment of their salary dues starting Wednesday.

Five Kingfisher flights cancelled

Last Updated: Monday, April 2, 2012, 15:05

Kingfisher, which has a debt of USD 1.3 billion, is under pressure from its lenders to inject equity.

KFA staff wants RCB players to boycott IPL

Last Updated: Monday, April 2, 2012, 11:37

The employees of the beleaguered airlines have not received their salaries since December 2011 and hence want the RCB players to support them by not participating in the mega event.

Why are we going so wrong, asks Mallya

Last Updated: Monday, March 26, 2012, 16:36

Kingfisher Airlines may have landed into all kinds of troubles, but its flamboyant promoter Vijay Mallya thinks that India's image as an investment destination has taken a beating.

Kingfisher to lay off 50% employees: Reports

Last Updated: Monday, March 26, 2012, 13:05

In order to resolve its deepening debt crisis, the Kingfisher Airlines might lay off 50 percent of its current employees, sources claimed on Monday.

D-day for Kingfisher; Govt puts Mallya on notice

Last Updated: Monday, March 26, 2012, 09:39

Civil Aviation Minister Ajit Singh on Monday has issued a warning to the Kingfisher Airlines Chairman Vijay Mallya to pay the airline’s dues in order to continue its operations.

Kingfisher owes Rs 518 cr to HPCL in fuel bills: Govt

Last Updated: Thursday, March 22, 2012, 19:22

Cash-strapped Kingfisher Airlines owes state-owned Hindustan Petroleum Corp Ltd (HPCL) about Rs 518 crore in fuel bills, of which Rs 250 crore is overdue amount.

Kingfisher's flying permit may be cancelled: Sources

Last Updated: Monday, March 19, 2012, 20:51

Ailing Kingfisher Airlines on Monday faced the prospects of its flying license being cancelled and its boss Vijay Mallya has been asked by DGCA to present a clear picture of the cash-strapped private carrier.

All is well, meeting with IATA Friday: Vijay Mallya

Last Updated: Thursday, March 15, 2012, 19:33

Amidst the ongoing crisis over Kingfisher flights being cancelled, promoter Vijay Mallya on Thursday met the pilots and assured the flights will be back on schedule.