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Kingfisher stocks down 5%; falls for fourth straight day

Last Updated: Thursday, October 4, 2012, 12:27

Falling for the fourth straight day, shares of Kingfisher Airlines were down about 5 percent as hopes of the ailing company resuming operations faded on Thursday with management failing to persuade striking engineers and pilots to return to work.

Kingfisher lockout may be prolonged; DGCA files status report

Last Updated: Thursday, October 4, 2012, 09:15

Despite several bouts of meetings and persuasions by the management level, the workers at debt-laden Kingfisher Airlines (KFA) seem to be in no mood to relent.