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Kingfisher Airlines faces trading suspension from December 1

Kingfisher, founded by liqour baron Vijay Mallya and once India`s number 2 carrier, has not flown for more than two years for want of cash.

Kingfisher to expedite payment of October salary to employees

In a fresh letter to the striking staffers, airline CEO Sanjay Aggarwal said, "We have received several requests asking for status of salary for the duration of partial lock-out period and asking for salary in December 2012 to be paid one week earlier than December 31, 2012.

Govt can’t help Kingfisher: Ajit Singh

Meanwhile, the management’s offer of payment of three months’ salary met with rejection by a section of employees, prolonging the 23-days impasse at the private airline.

Kingfisher makes presentation on performance before DGCA

Kingfisher CEO Sanjay Agarwal made a presentation on the airline's performance, severely impacted by financial distress, before DGCA chief Arun Mishra here, official sources said.

Pilots who feel their actions are justified can quit: Mallya

He also asserted that the airline would be "re- capitalised whether the government changes the current FDI policy or not".

AAI refuses to allow Kingfisher lessors to take back aircraft

The lessors want the aircraft back as Kingfisher Airlines (KFA) has defaulted on rentals.

Many interested in investing in Kingfisher: Mallya

Kingfisher promoter Vijay Mallya Friday said many have expressed interest in investing in his debt-ridden airline.

Kingfisher strike: Mallya asks pilots not to disgrace the company

A section of debt-ridden Kingfisher Airlines' pilots Saturday went on strike over non-payment of salaries and other dues for the past five months, leading to the cancellation of 40 flights across its network.

Pilots' strike: Four Kingfisher flights cancelled from Mumbai

The flights include Mumbai-Chennai, Mumbai-Mangalore and Mumbai-Khajuraho.

Now, Kingfisher pilots go on strike

A section of pilots of the near- bankrupt Kingfisher Airlines went on strike on Sunday to protest against non-payment of salaries for the past five months, forcing the airline to cancel its ATR-operated flights.

Mallya's woes worsen as lessors take back 34 planes

15 aircraft of the company are also aground due to want of spares, and the airline is now left with only 15 planes to carry out its operations.

Emirates airline to drag Kingfisher out of trouble?

Dubai-based Emirates airline has indicated that it may look at investing in an Indian carrier, as India's government is mulling to allow foreign airlines to buy stakes in domestic carriers.

Kingfisher employees get salaries after 4 months

A large section of Kingfisher Airlines employees, including pilots and engineers, received their salaries today after a delay of nearly four months.

Kingfisher crisis: Deadline ends today for Mallya to pay tax

Time has run out for Kingfisher Chairman Vijay Mallya as Saturday happens to be the last day for him to pay up at least Rs 9 crores out of the pending Rs 60 crore of service tax dues. The failure to make the payment might again lead to the airline’s accounts being frozen by the tax authorities.

Airbus not to insist on Kingfisher taking aircraft delivery

Liquor Barron Vijay Malya-owned airlines is struggling to sustain its operations with debts of around Rs 7,000 crore.

Kingfisher employees call off threatened strike

A fresh crisis in the Kingfisher Airlines was averted on Tuesday after the beleaguered carrier's employees withdrew their proposed agitation accepting its promoter Vijay Mallya's assurance for a staggered payment of their salary dues starting Wednesday.

Five Kingfisher flights cancelled

Kingfisher, which has a debt of USD 1.3 billion, is under pressure from its lenders to inject equity.

KFA staff wants RCB players to boycott IPL

The employees of the beleaguered airlines have not received their salaries since December 2011 and hence want the RCB players to support them by not participating in the mega event.

Why are we going so wrong, asks Mallya

Kingfisher Airlines may have landed into all kinds of troubles, but its flamboyant promoter Vijay Mallya thinks that India's image as an investment destination has taken a beating.

Kingfisher to lay off 50% employees: Reports

In order to resolve its deepening debt crisis, the Kingfisher Airlines might lay off 50 percent of its current employees, sources claimed on Monday.