Latest News on Kingfisher crisis
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Kingfisher crisis - Total results - 40
Mar 11, 2016
Kingfisher Airlines CFO Raghunathan questioned; blames Mallya for company's failureFormer Chief Financial Officer (CFO) of long-grounded carrier Kingfisher Airlines, A Raghunathan today appeared before the Enforcement Directorate here for questioning in connection with its money laundering probe in the alleged default of over Rs 900 crore loan from IDBI bank.
Sep 03, 2013
No money or flying permit for Kingfisher but Mallya's 'never say die' spirit intactThe 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.
Feb 16, 2013
KFA and Sahara: How they have damaged capitalismIf unviable businesses and crony capitalists are not allowed to fail, capitalism cannot work. This is the lesson from Kingfisher and Sahara.
Jan 01, 2013
5 reasons why Kingfisher should never fly againThere is absolutely no reason for Kingfisher to ever fly again. Why is the management still pretending it can be rescued?
Dec 31, 2012
Kingfisher crisis: Licence lapse to impact staff mostKingfisher 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.
Dec 31, 2012
Kingfisher crisis responsible for soaring air fares, says CCISuspension 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.
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
Oct 25, 2012
No staggered payments, KFA staff wants lumpsum by tomorrowProlonging 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.
Oct 25, 2012
KFA cheese has moved: Staff should take the cash and runThe longer Kingfisher employees stay in denial, the worse their chances of finding new jobs.
Oct 23, 2012
I am not an absconder, says Vijay MallyaUnder 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".