Tag Archives: Kingfisher Airlines
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...
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...
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...
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...
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...
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...
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...
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...
Kingfisher Airlines employees agree to resume work
In some relief for the struggling Kingfisher Airlines, the CEO Sanjay Aggarwal informed the media that all their pilots and engineers have agreed to resume work on October 25, 2012. The positive response from the employees came after management...
Kingfisher Airlines remains grounded as DGCA suspends license
Indian airline carrier Kingfisher Airlines has failed to respond to the deadline of the Directorate General of Civil Aviation (DGCA), as a result the DGCA has now suspended the license of the airline as of October 20, 2012. The problem-prone...