More than a month after the Airports Authority of India (AAI) asked Kingfisher Airlines to remove its 10 grounded aircraft that are taking up space at Chennai airport, the aircraft are still there. The debt-ridden airline stopped services in October last year. Back in 2008, Kingfisher used to operate 60 flights a day from Chennai. By mid-2012, this was down to 45 before operations stopped all together.
Tag: Kingfisher Airlines
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SBI to recover money from Kingfisher
State Bank of India (SBI), the lead banker to Kingfisher Airlines, on March 18 stated that it is taking all steps to recover the loan provided to the grounded carrier. SBI Chairman Pratip Chaudhuri said that the bank is blazing all guns and taking all steps to recover loan dues form Kingfisher. He said this in Delhi after the meeting of the Finance Minister with the heads of PSU banks and financial institutions.
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India to ship Kingfisher planes to leasing firms
To prevent India's image from being dented in the global market, the Union Civil Aviation Ministry may issue a guidance to release all Kingfisher Airlines aircraft parked at Indian airports to international leasing companies. The move comes in the wake of growing disquiet among major leasing companies over India's refusal to hand over the aircraft and fears that much-needed aircraft finance would be stopped to Indian airline companies.
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KFA to renew flying permit, wants to retain airport slots
According to sources, debt-ridden Kingfisher Airlines is looking to renew its airline operation permit, its CEO Sanjay Aggarwal told the civil aviation secretary and regulator director general of civil aviation (DGCA) in a meeting on March 7. Kingfisher Airlines, grounded since October last year, would like to retain its airport slots, especially in Mumbai.
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Jet Airways seeks govt’s nod to buy 6 KFA’s slots
With the government withdrawing Kingfisher Airlines' international flying rights and domestic slots, the Jet Airways has approached the Aviation Ministry to acquire six of the vacant slots. The airline company has applied to the government to acquire six slots from Mumbai. Of these, it is looking at four domestic and two international routes, Jet Airways sources said in Mumbai.
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Govt withdraws Kingfisher’s overseas traffic rights
The Union government has withdrawn traffic rights allocated to Kingfisher Airlines under bilateral aviation pacts with other countries with immediate effect. The ministry has also cancelled the domestic slots allocated to the airline under these slots, Aviation Minister Ajit Singh said on February 25.
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Mallya gives a surprise to his KFA employees
A section of employees of Vijay Mallya's cash-strapped Kingfisher Airlines (KFA) were in for a surprise on February 19 as the company started paying one month salary dues to them, who have not been paid the dues since a few months. Though there was no statement or assurance from KFA that the salary would be paid on February 19, a section of the employees received salary dues with mixed feelings and that's why its surprise.
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Blore airport mulls legal action against KFA
For non-payment of dues by Kingfisher Airlines (KFA) Bengaluru International Airport (BIA) has decided to take legal action against the KFA. The debt-ridden airline owes BIA about Rs 60 crore as of October towards landing and parking charges, aerobridge, facility management, passenger service fee (PSF) and user development fee (UDF).
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Mallya calls for clear policy
Indian aviation industry needs a clear aviation policy that will help promote healthy investment, Kingfisher Airlines Chairman Vijay Mallya said.