Kingfisher Crisis

• Passenger safety cannot be compromised: Ajit Singh on Kingfisher crisis

  Aviation Minister Ajit Singh talks exclusively to NDTV about the crisis-hit Kingfisher Airlines.

• Kingfisher skids back to square one as staff meetings cancelled

  Kingfisher Airlines partial lockout was extended by a week, as the deadlock between workers and management continues. Engineers in Bangalore have refused to meet the CEO, sources said. The Bangalore and Chennai meetings stand cancelled as of now. Yesterday, only 24 pilots turned up to meet CEO Sanjay Aggarwal in Delhi on Thursday, despite him sendi...

• Kingfisher says flights resume

  Debt-crippled Kingfisher Airlines' scheduled flights will operate normally with immediate effect, the company said in a statement late on Saturday.

• Kingfisher Airlines tickets? No, thanks!

  kingfisher airlines, Kingfisher tickets, Kingfisher crisis, Vijay Mallya, IATA

• Kingfisher headed for crash-landing? Can cancel license, warns govt

  Kingfisher Airlines seems headed for more trouble. Civil Aviation Minister Ajit Singh told NDTV today that the airline has not adhered to plans crucial for its operations. Mr Singh also said that the government may cancel the airline's license.

• Stockbroker who bought Gandhi's Johannesburg house offers to help Kingfisher

  With the dream gone sour, Vijay Mallya's dream bird is willing to let go of its nest. The airline has revealed that apart from offloading 24.9 per cent stake in the company, Mallya is looking for buyers to Kingfisher House, the corporate office of the company, located at Vile Parle. In fact, well-known stockbroker and businessman Pradeep Bhavnani t...

• Fuel supply to Kingfisher Airlines resumed

  In a relief for Kingfisher Airlines, the oil companies have resumed fuel supply to the cash-strapped carrier. Sources said the fuel supply was restored last night.

• Good if banks want to loan money to Kingfisher: Civil Aviation Minister

  The government has said repeatedly that it will not bailout Kingfisher Airlines. But there are reports that State Bank of India has suddenly sanctioned a 1200-crore package for Vijay Mallya's bleeding carrier. Meanwhile, the airline cancelled at least 20 flights today, most of them out of Mumbai, continuing a trend it began over the weekend.

• SBI to bail out Kingfisher: Reports

  In what may come as good news to crisis-hit Kingfisher Airlines, prominent banks that have lent to the airline have reportedly decided to provide a relief package to it, sources said.

• Kingfisher crisis: Cancellations continue, deadline for revised schedule ends today

  The 24-hour deadline set by aviation regulator, the Directorate General of Civil Aviation (DGCA), for Kingfisher Airlines to come up with a realistic flight schedule ends today.

• Special safety surveillance for Kingfisher, airline to submit revised schedule urgently

  Kingfisher Airlines could get a breather from lenders as not all of them have classified Kingfisher loan as a non-performing one. Classifying a loan as a non-performing asset means, bank generate or do not expect to generate any interest income from a loan. All 18 lending banks are likely to meet again next week to final a loan restructuring.

• Aviation regulator directs Kingfisher to come up with revised schedule

  Kingfisher Airlines has been given time till tomorrow to come up with a revised schedule for its operating aircraft. Out of Kingfisher's 64 aircraft, 28 are operational. The airline's CEO Sanjay Agarwal met the aviation regulator today, the Director General of Civil Aviation or DGCA, to explain the large-scale disruption of operations and the reaso...

• Prime Minister meets airline chiefs, Mallya absent

  Close on the heels of the financial turbulence at Kingfisher Airlines, Prime Minister Manmohan Singh today met with heads of major domestic airlines. Sources have told NDTV that while the PM took note of the issues plaguing the aviation industry, he desisted from making any concrete assurances.

• Airlines warned not to raise fares to cash in on Kingfisher crisis

  With airfares mounting in the last couple of weeks primarily due to cancellation of Kingfisher flights, aviation regulator, the Directorate General of Civil Aviation (DGCA), today warned airlines not to raise air ticket prices beyond a given range.

• Live Blog: Vijay Mallya on Kingfisher crisis

  The board of troubled carrier Kingfisher Airlines met Monday to take stock of mounting losses and chalk out possible ways to reduce its debt burden in order to keep the airline afloat. The marathon meeting ended inconclusively late last night. Vijay Mallya, Chairman of Kingfisher Airlines Limited, is expected to give out details of the debt restruc...