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Kingfisher Airlines’ licence may not be renewed: Report

Last Updated: Monday, November 05, 2012, 14:22

The Government is unlikely to renew the licence of the debt ridded Kingfisher Airlines if it fails to submit revival plans by December end.

Kingfisher Airlines lenders say recovery last option

Last Updated: Sunday, October 21, 2012, 18:31

Lenders to Kingfisher Airlines, whose combined exposure of nearly Rs 7,500 crore is at risk, have said they will go in for recovery measures only as the last resort and expressed hope that its promoters will be able to find an investor and resume operations.

Aviation Min rules out cancelling Kingfisher Airlines's licence

Last Updated: Thursday, February 23, 2012, 18:17

Civil Aviation Minister Ajit Singh Thursday ruled out cancelling the licence of Kingfisher Airlines even as the carrier continued to curtail its daily flight operations due to a cash crunch, an exodus of pilots and operational reasons.