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Tag Archives: Kingfisher Airlines

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Kingfisher Airlines’ employees in India threaten strike over salary issues

Vijay Mallya-owned Kingfisher Airlines – which is grounded for the time being – received a hunger strike threat from its employees in India. Officials from the airline have asked them to wait until September 26, 2013, as the company...
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Kingfisher Airline’s Mumbai office taken over by lenders

Kingfisher Airlines might be experiencing new problems. On August 10, 2013, lenders to Indian carrier took possession of Kingfisher House, which is the corporate office of the airline near domestic terminal of Mumbai airport. This recent move...
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Kingfisher Airlines’ employees go on hunger strike for non-payment of salaries

Indian carrier Kingfisher Airlines is making news once again, as a group of its employees went on hunger strike on June 6, 2013. The employees currently on strike are demanding an immediate payment of their salaries, due since August 2012. Kingfisher...
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Kingfisher Airlines begins paying salaries of employees

Ailing Kingfisher Airlines has started paying the due salaries of its employees, despite the fact that its lenders have begun to recover its dues from last week. Apart from that, the airline is also approaching aviation authorities to seek the...
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Lenders to begin recovery of loan from Kingfisher Airlines

After a long delay, it has been decided by the lenders of the ailing Kingfisher Airlines that it will begin the recovery process of the Rs. 7,500 crore loan which was given to the airline. One of the top officials from the State Bank Of India...
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Kingfisher Airlines meet DGCA – Receive NOC from various companies

Grounded Indian airline company Kingfisher Airlines¬†has received a ‘no objection certificate (NOC)’ from various oil marketing companies, aircraft leasers and vendors, which comes as some relief for the struggling airline carrier...
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Lenders not to give more funds to Kingfisher Airlines

A short while ago, ailing Kingfisher Airlines had some reason to heave a sigh of relief as various foreign investors showed interest in the company, but now the airline has received another blow. On December 17, 2012, lenders refused to give...
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Pilots of Kingfisher Airlines threaten to approach regulator over due salaries

The Kingfisher Airline management has failed to give the salaries for the month of May, 2012 to its employees. According to reports, the pilots of the airline have lost their patience and threatened to approach the Director General of Civil...
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Kingfisher Airlines not to be allowed to fly in winter

Kingfisher Airlines has not operated a single flight since October 1, 2012, due to financial issues. Now however, the airline has got some finance due to a recent deal with UK-based Diageo Plc. The Indian airline company's chief Vijay Mallya...
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Kingfisher Airline warned to get capital by November 30

Ailing Indian air carrier Kingfisher Airlines has been cautioned on November 6, 2012 by the State Bank of India that it will not be allowed to fly if it fails to bring in fresh capital by November 30, 2012. Pratip Chaudhuri, the chairman of...