'Kingfisher has funds to resume ops; needs Rs 425 cr'

Last Updated: Monday, December 17, 2012, 19:47

Meanwhile, Kingfisher in a statement said, "We will restart operations in a phased manner and will provide funding ourselves. We have not asked the bank for any support."

Mallya to meet lenders with revival plan today

Last Updated: Monday, December 17, 2012, 09:35

Cash-strapped Kingfisher Airlines' chief Vijay Mallya will meet the lenders with a concrete revival plan for the airlines' future on Monday.

We're yet to hear from Kingfisher: SBI chief

Last Updated: Saturday, November 24, 2012, 18:24

"Kingfisher as a company has not given us any information or visibility on capital infusion," SBI chairman Pratip Chaudhuri told reporters on the sidelines of the annual two-day banking summit `Bancon 2012' here.

Action plan after Nov 17 if salary not paid: KFA employees

Last Updated: Wednesday, November 14, 2012, 18:06

"We will wait till Saturday for the payment of May salary. If the airline does not pay by November 17, we will chalk out our further action plan," they said.

Kingfisher Q2 loss widens to Rs 754 cr; says revival plan soon

Last Updated: Thursday, November 8, 2012, 09:25

Revenues declined 87 percent to Rs 200 crore from Rs 155 crore a year ago.

SBI wants ailing Kingfisher to pump $1 bn by month-end

Last Updated: Wednesday, November 7, 2012, 20:27

"...We do not put a gun on their head but the more comes in the better because airlines are a very capital intensive business. I think about USD one billion would be a good starting point," SBI Chairman Pratip Chaudhuri told reporters on the sidelines of World World Economic Forum on India summit here.

Kingfisher yet to file resumption plan

Last Updated: Monday, November 5, 2012, 21:17

Crisis-hit Kingfisher Airlines, which had its operating permit suspended by the country's aviation regulator last month, is yet to file its resumption plan which could affect its plan to resume flights, official sources said today.

Kingfisher Airlines shares reverse 7-day rally, declines 5%

Last Updated: Monday, November 5, 2012, 19:29

Shares of the company tumbled 4.97 percent to touch the lower circuit of Rs 13.20 on the BSE.

Kingfisher stock gains after staff ends strike

Last Updated: Friday, October 26, 2012, 11:48

The stock opened the day 4.59 percent higher and hit the day's upper circuit of Rs 11.40 on the BSE, defying a weak stock market.

Kingfisher management discusses revival plans with DGCA

Last Updated: Friday, October 26, 2012, 10:41

A day after resolving the impasse over salary issue with its employees, the Kingfisher Airlines top brass discussed revival plans with aviation regulator DGCA here Friday.

Kingfisher passengers in Dubai waiting for ticket refunds since 6 months

Last Updated: Thursday, October 25, 2012, 11:47

Refunds of tickets booked by passengers in Dubai with India’s crisis-hit Kingfisher Airlines have been pending for over six months now, according to a report.

Kingfisher management meets striking employees

Last Updated: Thursday, October 25, 2012, 10:08

Airline promoter Vijay Mallya, who co-owns the Sahara Force India team that is participating in the Indian Grand Prix, does not want to see any disruption by the agitating employees.