Bengaluru: The Karnataka High Court, on Thursday, summoned beleaguered liquor baron c to appear before it on November 24 for allegedly violating an undertaking given by him and his companies, not to transfer their equity shares in United Breweries to Diageo Plc. A division bench comprising justices Jayant Patel and Aravind Kumar gave the direction on […]

Bengaluru: The Debt Recovery Tribunal will pass an interim order today on the plea of a consortium of banks seeking a direction to Indigo and GoAir airlines under garnishee proceedings to deposit with it the money to be paid to Airbus by them, in a Kingfisher Airlines case. “I am under pressure, and I wouldnt […]

Bangalore : An investigation has been ordered against Kingfisher airlines and its Chairman Vijay Mallya for non-payment of Rs 208 crore (Rs 2.08 billion) user development and passenger service fees to Bangalore International Airport Limited, reports Vicky Nanjappa. Bangalore airport claims that Kingfisher collected Rs 208 crore as fee from its passengers, but failed to […]

NEW DELHI: Aviation regulator DGCA today suspended the flying licence of beleaguered Kingfisher Airlines for failing to come up with a viable plan for its financial and operational revival and resolve the impasse with its employees over payment of their salary dues. The Directorate General of Civil Aviation (DGCA) has suspended the Scheduled Operator Permit […]

Mumbai: With Kingfisher Airlines pilots once again on a strike, at least four Kingfisher flights scheduled to leave Mumbai had to be cancelled, adding to the inconvenience of several passengers who were supposed to fly in these flights. The flights were bound to Mangalore, Chennai and Khajuraho. The pilots went on a strike after their […]

New Delhi: A cold wave and white screen fell over Delhi, India’s Capital city on Friday morning, disrupting aviation and train travels. At IGI Airport, 75 aircrafts were held up and flight schedules got mixed up or delayed. Two Jet Airways planes from Doha and Abu Dhabi, as also a kingfisher aircraft from Dubai could […]

New Delhi: A cat has nine lives, they say. Industrial baron Vijay Malya of Coastal Karnataka in Bangalore now, has revived hopes in his defaulting Kingfisher airlines, with a cumulative debt of over Rs.7,500 crores, on fuel and maintenance as Central Govt, has agreed to his plan for foreign direct investments (FDI) of about 26% […]

New Delhi: Prime Minister Manmohan Singh met heads of India’s private airlines here today and discussed their problems. The meeting with chiefs of the cash-strapped airlines, was prompted by the crisis that has overtaken the Kingfisher Airlines. It was not known officially immediately what precisely was discussed at the meeting but sources said the problems […]

Bangalore: The Kingfisher airways chief and beer industrialist(UB) Vijay Mallya, has written to state government this week, to allow him to  import aircraft fuel from abroad on lower interest rates, thereby providing him a chance to restructure the losses of king fisher, running into Rs6,000 crores. The private airways, in second quarter alone ending 30-09-2011, […]

New Delhi:  A “Kingfisher” airline owned by Beer King Vijay Mallya of United Braveries in Bangalore is struggling for survival, short of breath. Apart from earlier cancellation of over 30 flights for want of air fuel and increasingly mounting debts, the Kingfisher was grounding planes for over 50 flights due daily and Director General of […]