AI withdraws contempt petition against its pilots in SC

Last Updated: Monday, August 27, 2012, 21:00

Appearing before a bench headed by Justice T S Thakur, advocate Lalit Bhasin said the national carrier no longer wants to pursue the case and sought to withdraw the petition.

AI suffer losses of over Rs 1700 cr in 3 years from 2009-10

Last Updated: Friday, August 24, 2012, 22:34

The annual losses were Rs 604 crore, Rs 562 crore and Rs 539 crore respectively in 2011-12, 2010-11 and 2009-10.

Kingfisher pilots on strike again; 19 flights cancelled

Last Updated: Saturday, August 18, 2012, 13:08

Beleaguered Kingfisher Airlines faced fresh trouble Saturday with a section of pilots going on strike demanding immediate payment of salaries for March, resulting in cancellation of 19 flights.

AI suffered Rs 600 cr loss due to 58-day pilot strike: Govt

Last Updated: Tuesday, August 14, 2012, 14:27

The minister said due to the strike the national carrier had to restructure its operations and operate 39 international flights against 46.

Pilots who feel their actions are justified can quit: Mallya

Last Updated: Thursday, August 9, 2012, 19:52

He also asserted that the airline would be "re- capitalised whether the government changes the current FDI policy or not".

Kingfisher workers go on strike; 31 flights cancelled

Last Updated: Wednesday, August 8, 2012, 13:25

Kingfisher Airlines on Wednesday cancelled over 30 flights from Delhi and Mumbai due to a strike by a section of its employees protesting non-payment of salary.

Air India reinstates nine sacked pilots

Last Updated: Monday, July 23, 2012, 15:50

The Air India management on Monday told the Delhi High Court that it has revoked the sacking of nine of the 101 pilots and would sympathetically consider the other cases, which would be decided within four to six weeks.

Pilots' sacking: AI withdraws proposal after IPG seeks changes

Last Updated: Wednesday, July 18, 2012, 18:38

Initially, the pilots sought 30 minutes' time to decide as to whether they agree to AI's offer and later, they reverted back to the court and sought two amendments in the proposal.

Air India to raise Rs.7,400 crore in three months

Last Updated: Monday, July 16, 2012, 16:42

The company has also started to scout for merchant bankers for the exercise, which is a part of the company's financial restructuring plan (FRP).

Upset HC pulls up AI over delay in pilots' reinstatement

Last Updated: Monday, July 16, 2012, 16:20

The court also asked the AI management to inform it by Wednesday if the high-power committee, set up by it, would decide the issue within four weeks.

Kingfisher pilots plan to move labour court over salary

Last Updated: Sunday, July 15, 2012, 18:42

A group of pilots are in consultation with lawyers in this regard, they said, adding that they are likely to move the court sometime this week.

Day 2 of Kingfisher pilots' strike: 12 flights cancelled

Last Updated: Wednesday, July 11, 2012, 15:32

At least 12 flights of Kingfisher Airlines were cancelled on Wednesday as pilots, who fly its short- haul ATR planes, continued their strike for the second day protesting non-payment of salaries.