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KIngfisher Airlines

Kingfisher Airlines reports $380 Million Loss

Liquor baron Vijay Mallya’s Kingfisher Airlines Ltd, which was grounded since October 2012, has reported yet another quarter of loss to the tune of $380 million. While the debt-ridden Airlines is yet to win regulatory approvals from the…

Kingfisher Airlines Loses Permit to Fly

TNI Bureau: Cash strapped Kingfisher Airlines has lost its permit on Monday to fly after a deadline to renew its suspended licence expired. Directorate-General of Civil Aviation, DGCA, chief Arun Mishra told to media  that the…

Kingfisher Employees to resume Work Soon

TNI Bureau: There is a great relief for embattled Kingfisher Airlines, as its employees in Delhi, Mumbai and Bangalore have reportedly accepted the offer of the management and decided to resume work soon. However, the airlines can't fly …

Kingfisher Airlines in Deep Crisis

TNI Bureau: Financial crisis driven Kingfisher Airlines last night declared a partial lock-out with immediate effect and suspended flight operations till 4th October. As many as 50 flights were cancelled with pilots joining the striking…