KIngfisher Airlines

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…

After facing a lot irregularity in salary, the employees of Kingfisher Airlines have lost all patience. As a last major they have threatened to disrupt the upcoming IPL matches to protest against their flamboyant Boss Vijay Mallya, who owns…

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…

TNI Bureau: Is Vijay Mallya going bankrupt because of the turbelence in Kingfisher Airlines? May be too early to predict, but Mallya-owned United Spirits has sold 53.4% stakes to UK-based Diageo Plc. The deal has been finalised at Rs…

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 …

TNI Bureau: Vijay Mallya has continues to give a miss to the media and Kingfisher employees even as the crisis within the airlines has deepened further. Mallya is reportedly having a leisure in Europe, while the Kingfisher employees are on…

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…