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Will go full throttle to recover dues from KFA: SBI Chief

Last Updated: Tuesday, April 16, 2013, 22:09

State Bank of India is the leader of consortium of lenders to grounded airline Kingfisher.

Cautious approach towards Indian carriers by leasing cos: CAPA

Last Updated: Sunday, March 31, 2013, 10:48

Major aircraft leasing companies and financers have started adopting a cautious approach towards Indian carriers, with some even threatening to pull out of India, it said.

SBI says KFA lenders to meet in 15 days; Mallya meets staff

Last Updated: Saturday, February 09, 2013, 19:26

This was Mallya's first meeting with his employees since the grounding of the carrier. So far, the employees' unrest and issues were being handled by CEO Sanjay Aggarwal.

Power supply at Kingfisher's head office snapped

Last Updated: Tuesday, February 05, 2013, 20:27

The Qube, in suburban Andheri near the international airport is a commercial complex from where Kingfisher Airlines' operations are monitored.

Kingfisher shares down over 3% after Q3 results

Last Updated: Tuesday, February 05, 2013, 19:50

Shares of Kingfisher Airlines Tuesday fell by over 3 percent after the company reported 70 percent drop in net loss for third quarter ended December 31, 2012.

Kingfisher Q3 net loss at Rs 755 crore

Last Updated: Tuesday, February 05, 2013, 09:44

Kingfisher Airlines on Tuesday reported a net loss of Rs 755.17 crore for the third quarter ended December 31, 2012, a period when it did not operate a single flight.

Kingfisher flutters to fly again, DGCA unimpressed

Last Updated: Wednesday, January 16, 2013, 12:52

Today's meeting comes days ahead of a crucial meeting of a consortium of bankers that have lent over Rs 7,500 crore to the now defunct airline.

Kingfisher Airlines gets no objection certificate from Oil companies

Last Updated: Wednesday, January 16, 2013, 12:04

Since October 2012 the airline has not flown as it lost its operating licence which curtailed its flying.

Banks say no word from Kingfisher even as deadline ends

Last Updated: Friday, November 30, 2012, 19:24

SBI chairman Pratip Chaudhuri had earlier this month asked the airline, a part of the UB Group, to bring in at least USD 1 billion (over Rs 5,400 crore) by November-end.

We're yet to hear from Kingfisher: SBI chief

Last Updated: Saturday, November 24, 2012, 18:24

"Kingfisher as a company has not given us any information or visibility on capital infusion," SBI chairman Pratip Chaudhuri told reporters on the sidelines of the annual two-day banking summit `Bancon 2012' here.

Action plan after Nov 17 if salary not paid: KFA employees

Last Updated: Wednesday, November 14, 2012, 18:06

"We will wait till Saturday for the payment of May salary. If the airline does not pay by November 17, we will chalk out our further action plan," they said.

SBI wants ailing Kingfisher to pump $1 bn by month-end

Last Updated: Wednesday, November 07, 2012, 20:27

"...We do not put a gun on their head but the more comes in the better because airlines are a very capital intensive business. I think about USD one billion would be a good starting point," SBI Chairman Pratip Chaudhuri told reporters on the sidelines of World World Economic Forum on India summit here.