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Harsh Vardhan
November 15, 2011
Vijay Mallya's favourite brainchild, Kingfisher Airlines, has reached a critical juncture where its survival itself is in question. The cash-strapped airlines' board meets today to chalk out a rescue plan for the carrier as it continued to cancel many of its daily flights while struggling with a pilot exodus and huge debts.


IANS
New Delhi, November 15, 2011
Cash-strapped Kingfisher Airlines' board will meet today to chalk out a rescue plan for the carrier as it continues to cancel many of its daily flights while struggling with a pilot exodus and huge debts.


BT Online Bureau
New Delhi, November 14, 2011
The bankers have made it clear that the promoters have to put in at least Rs 800 crore worth of fresh equity as the lenders cannot act as promoters of the airline. Cash-strapped Kingfisher Airlines' board will meet again on Tuesday to chalk out a rescue plan for the carrier.


PTI
Dubai, November 14, 2011
The order, with a cumulative value of $18 billion, is the single-largest commercial airplane order in Boeing's history by dollar value.


BT Online Bureau
New Delhi, November 14, 2011
On the list of options before the board are selling property, converting loans from its parent company UB Group into equity and changing terms under which the airline leases aircraft.


Aravind Gowda
Bangalore, November 14, 2011
Mallya's flagship carrier Kingfisher might be experiencing turbulence, but his admirers are not worried. For, Mallya is a man who is known not to give up throwing parties.


Sanjay Singh & Ashish Sinha
November 14, 2011
The government's overtures to stop private carrier Kingfisher Airlines from being grounded have run into a ferocious headwind, with Opposition parties BJP and CPM scoffing at the idea of a bailout.


www.businesstoday.in
November 13, 2011
Our monthly update on mobile phone apps


IANS
New Delhi, November 13, 2011
\"A private airline has to be managed efficiently, but if there are difficulties we have to find ways and means to help them,\" Manmohan Singh told reporters while returning from the SAARC summit.


PTI
New Delhi, November 12, 2011
Crisis-hit Kingfisher airlines on Saturdayquestioned whether it was the private carrier's duty to fly on loss-makingroutes, even as the government said there is no move to bail out the airlinewhich has cancelled 210 flights in six days.


PTI
November 12, 2011
Ailing Kingfisher Airlines, which cancelled more than 160 flights over the last six days, has been asked by aviation regulator DGCA to give details of their plan to reconfigure its fleet to prevent a large-scale flight disruption.


PTI
New Delhi, November 12, 2011
The DGCA asks Kingfisher Airlines to provide details of their plan to reconfigure its fleet to prevent a large-scale flight disruption.


BT Online Bureau
New Delhi, November 12, 2011
In the wake of crisis looming over Kingfisher airlines, business tycoon Vijay Mallya tweets and asks why airlines in India are over taxed and over charged.


PTI
Chennai, November 12, 2011
The airlines, which is promoted by industrialist Vijay Mallya, is facing serious financial crunch leading to flight curtailment in the past few days.


Geetanjali Shukla
November 12, 2011
The airline which started operations in 2005 hasn't reported a profit ever. What is also worrisome is that a bulk of the airline's Rs 6,000 crore debts are on account of its operating losses.


IANS
New Delhi, November 11, 2011
According to the regulator, the monitoring process would asses if airline companies had adequate resources for maintaining and repairing their aircraft.


BT Online Bureau
New Delhi, November 11, 2011
Civil Aviation Minister Vayalar Ravi says he would talk to Finance Minister Pranab Mukherjee to get cash-strapped airline some financial assistance to help it come out of the major trouble as hundreds of its flights were being grounded and pilots quitting en masse.


BT Online Bureau
Mumbai, November 11, 2011
According to media reports, the civil aviation ministry on Friday sent a request to the finance ministry about bailing out the cash-strapped Kingfisher Airlines.


BT Online Bureau
Mumbai, November 11, 2011
The shares opened day by plummeting to an all-time low by falling over 19 per cent to Rs 17.55. They later overcame the losses to close trade at Rs 19.65, down 9.45 per cent on both BSE and NSE.


Mail Today Bureau
New Delhi, November 11, 2011
Kingfisher Airlines cancels over 30 flights leaving passengers in the lurch for the fourth consecutive day and triggering a surge in airfares.


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