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Kingfisher Crisis

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No money or flying permit for Kingfisher but Mallya's 'never say die' spirit intact

Sep 03, 2013

No money or flying permit for Kingfisher but Mallya's 'never say die' spirit intact

The chairman of Kingfisher Airlines has no flying permit, crores in debt from lenders with myriad legal cases, unpaid employee dues and no visible plan in sight to bring in fresh capital to restart the airline. But he still dreams of restarting the airline. #Kingfisher Airlines #CompanyWatch #Vijay Mallya #Kingfisher #Kingfisher Airline #Kingfisher Crisis
KFA and Sahara: How they have damaged capitalism

Feb 16, 2013

KFA and Sahara: How they have damaged capitalism

If unviable businesses and crony capitalists are not allowed to fail, capitalism cannot work. This is the lesson from Kingfisher and Sahara. #Crony capitalism #Vijay Mallya #Raghuram Rajan #Subrata Roy #Sahara Capers #Kingfisher Crisis
5 reasons why Kingfisher should never fly again

Jan 01, 2013

5 reasons why Kingfisher should never fly again

There is absolutely no reason for Kingfisher to ever fly again. Why is the management still pretending it can be rescued? #Debt #ConnectTheDots #Vijay Mallya #Kingfisher Crisis #Licence permit
Kingfisher crisis: Licence lapse to impact staff most

Dec 31, 2012

Kingfisher crisis: Licence lapse to impact staff most

Kingfisher Airlines' scheduled operator permit (SOP), or flying licence, could lapse today unless it convinces aviation regulator director general of civil aviation (DGCA) about its revival plan. #ToWhatEffect #DGCA #Kingfisher Crisis #Civil aviation #Licence
Kingfisher crisis responsible for soaring air fares, says CCI

Dec 31, 2012

Kingfisher crisis responsible for soaring air fares, says CCI

Suspension of flights by crisis- hit Kingfisher Airlines may be a possible reason for soaring airfares, although there is no evidence as yet of any price cartelisation among the carriers, fair trade regulator Competition Commission has said. #TheySaidIt #CCI #air fares #Kingfisher Crisis
KFA staff patch up with mgmt, but will DGCA revoke suspension?

Oct 26, 2012

KFA staff patch up with mgmt, but will DGCA revoke suspension?

Why have engineers, who had been instrumental in the airline stopping all flights and eventually in its flying permit being suspended, also agreed to the management's offer #WhyNow #Strike #Vijay Mallya #DGCA #Kingfisher Crisis #Employees #Salary Dues
KFA cheese has moved: Staff should take the cash and run

Oct 25, 2012

KFA cheese has moved: Staff should take the cash and run

The longer Kingfisher employees stay in denial, the worse their chances of finding new jobs. #Bankers #Kingfisher Crisis #Aircraft Lessors #KFA employees #KingfisherRIP
No staggered payments, KFA staff wants lumpsum by tomorrow

Oct 25, 2012

No staggered payments, KFA staff wants lumpsum by tomorrow

Prolonging the deadlock over payment of salary dues, Kingfisher Airlines employees rejected the management's fresh offer and demanded payment of four months' backlog in lumpsum before Friday. #Kingfisher Airlines #WhatNext #Vijay Mallya #Kingfisher Crisis
I am not an absconder, says Vijay Mallya

Oct 23, 2012

I am not an absconder, says Vijay Mallya

Under fire over the crisis and with agitated employees asking where he is, Mallya broke his silence, slamming sections of the media for calling him an "absconder". #TheySaidIt #Vijay Mallya #Salary #Kingfisher Crisis #Employees
Kingfisher extends lockout till 23 Oct; licence remains in limbo

Oct 20, 2012

Kingfisher extends lockout till 23 Oct; licence remains in limbo

The Kingfisher management has been unable to meet the regulator's three riders for being allowed to fly again. No solution is in sight #NewsTracker #DGCA #Kingfisher Crisis #Licence