Last Updated: Sunday, November 13, 2011, 15:45
ICICI Bank Sunday said its exposure in the beleaguered airline Kingfisher is very little and there are no overdues, while all the lenders are expected to have more rounds of deliberations on its debt restructuring.
Last Updated: Saturday, November 12, 2011, 17:52
Kingfisher, which has been cancelling over 30 flights each day since Monday, had yesterday cancelled 40 services across its network.
Last Updated: Friday, November 11, 2011, 23:07
Beleaguered Kingfisher Airlines on Friday sought government help for a bailout on a day when its shares crashed to a record low amid continuing debt fears, as it cancelled more flights for the fifth straight day with 40 flights being withdrawn.
Last Updated: Friday, November 11, 2011, 22:14
Directorate General of Civil Aviation on Friday said Kingfisher Airlines have assured it that at any given point of time not more than three of their aircraft would be out of use and maintained the government is keeping an eye on whether airlines were using their slots.
Last Updated: Friday, November 11, 2011, 10:12
Civil Aviation Minister Vayalar Ravi on Friday ruled out any sort of bailout to be given to the Kingfisher airlines. The minister however said that the Airline is free to approach banks for the rescue.
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