Articles tagged “kingfisher”

Airlines

Who’s willing to gamble $1 billion on Kingfisher’s unlikely rebound?

The airline’s restructuring plan, to be submitted to the government by year’s end, will make or break the airline as its employees and lenders have reached their wits’ end.

Skift | 11 years ago

Airlines

Kingfisher can’t convince the government (or itself) that it should be allowed to fly

The airline can’t seem to piece together even a mediocre response and has asked the aviation agency for more time to think as it continues to beg its employees to come back to work.

Skift | 11 years ago

Airlines

It’s no surprise that Kingfisher is extending its lockout past October 20 deadline

The striking employees relayed mixed signals on the process of meetings with management, but Kingfisher’s problems aren’t close to over even if employees are paid withheld salaries and return to work.

Skift | 12 years ago

Airlines

“King of Good Times” Vijay Mallya is $2 billion in debt and there’s an arrest warrant with his name on it

Mallya is now liquidating any and all of his assets to cover personal and business debts, but even if they are resolved and Kingfisher makes a turnaround, his reputation will likely never be repaired.

Tom Cary, The Daily Telegraph | 12 years ago

Airlines

Kingfisher starts selling tickets in the face of aviation regulations and common sense

Indian travel site makemytrip.com is selling the tickets for Oct. 13, supposedly the day after the crew strike is set to end, but anyone foolish enough to book that flight doesn’t deserve to reach their destination.

Skift | 12 years ago

Airlines

Kingfisher won’t fly until October 12, extends lock-out until strike ends

Airlines

Kingfisher’s troubles deepen: no flying until wages paid, aviation minister not happy

The Indian government is now fed up with Kingfisher and Vijay Mallya, and this can't be good for any solution that the company comes up with.

Skift | 12 years ago

Airlines

India’s Kingfisher airlines is grounded, for now

Is this it? Is this the end of the long national aviation nightmare called Kingfisher? It should be.

Skift | 12 years ago

Airlines

Kingfisher has the gumption to ask lenders for more money after 5 years of losses

Vijay Mallya must be feeling hopeful after talks of foreign airlines looking to invest in his bankrupt airline began, but it’ll be a miracle for the airline to get the $600 million it desperately needs.

Anto Antony and Karthikeyan Sundara, Bloomberg | 12 years ago

Airlines

Vijay Mallya claims there’s someone brave enough to invest in Kingfisher

The recent policy reform that allows foreign investors a 49 percent stake in domestic airlines may be the saving grace for Kingfisher, which has withered to India’s smallest airline due to a mountain of debt and flight cancellations.

Skift | 12 years ago