In depth coverage of Kingfisher crisis from Business Today
Business Today
Kingfisher Crisis

Vijay Mallya's debt-ridden airline reported a net loss of Rs 754 crore for the July-September quarter, a sharp increase from Rs 469 crore in the year-ago period.

Citing the airline's failure to run a "safe, efficient and reliable operations", the DGCA had suspended its licence last month.
Kingfisher Airlines Chairman Vijay Mallya met Civil Aviation Secretary K N Shrivastava and briefed him about the steps being taken to revive the beleaguered carrier.
Kingfisher Airlines (KFA) employees have rejected the management's offer of payment of three months' salary. Shares of the carrier tumbled 4.6 per cent on the bourses.