Kingfisher Accounts Frozen
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Kingfisher's statement on cancellation of flights
Kingfisher Airlines cancelled 30 flights today, thus further increasing inconveniencing passengers who already faced a similar situation over the weekend. In a statement released today, the cash-strapped airline said that it was the attachment of its bank accounts by the Income Tax department that had affected its operations.
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Kingfisher bank accounts unfrozen
The Central Board of Excise and Customs (CBEC) has agreed to 'de-freeze' Kingfisher Airline's accounts. The private carrier assured its board on Monday that all arrears would be paid by March 2012, finance ministry sources said.
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Kingfisher's statement on cancellation of flights
Kingfisher Airlines cancelled 30 flights today, thus further increasing inconveniencing passengers who already faced a similar situation over the weekend. In a statement released today, the cash-strapped airline said that it was the attachment of its bank accounts by the Income Tax department that had affected its operations.
-
Kingfisher bank accounts unfrozen
The Central Board of Excise and Customs (CBEC) has agreed to 'de-freeze' Kingfisher Airline's accounts. The private carrier assured its board on Monday that all arrears would be paid by March 2012, finance ministry sources said.
