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KINGFISHER AIRLINES BAILOUT
- Assocham asks for bailout of Kingfisher after Air India decision
Assohcam today suggested a bailout for the grounded Kingfisher Airlines following the government's decision to rescue the ailing national c...
- Kingfisher Airlines: Will it face a Titanic fate or is it going the Satyam way?
Several have concluded that because KFA has been grossly mismanaged, Vijay Mallya deserves neither sympathy nor financial support.
- GM story should help govt decide Kingfisher bailout: Dhirendra Kumar, CEO, Value Research
A few days ago, I had a chance to judge a debate-cum-discussion at Sri Ram College of Commerce in Delhi University. One of the topics was w...
- Kingfisher Airlines: Government denies bailout by any PSU bank
The government has not approved a bailout for beleaguered Kingfisher Airlines and no state-run bank has given it a fresh loan, official sai...
- Omar hopes to work out mechanism with Centre to help K'fisher
Omar Abdullah expressed hope that the Centre and his government will work out a mechanism to improve the financial health of cash-strapped ...
- Kingfisher Airlines not to be bailed out by the government, says Ajit Singh; DGCA summons officials
The ailing carrier had till late last evening failed to file a report on the number of flights it had cancelled since Friday night to the D...
- Uddhav Thackeray criticises Maharashtra government over SICOM funding to Kingfisher Airlines
Shiv Sena executive president Uddhav criticised the Maharashtra government for allowing SICOM to provide loan to Kingfisher
- Banks hold deliberations on Kingfisher crisis
Beleaguered Kingfisher Airlines would have to wait some more time for relief as its lenders continued deliberations today towards resolving...
- Bankers ask Kingfisher to infuse Rs 800 cr fresh equity
'Bankers want more information on their fleet, equity, continuation of fuel supply. Banks can come in as lenders not promoter.'
- Kingfisher Airlines not seeking bailout, to focus on high-end business: Vijay Mallya
Mallya said that Kingfisher was undertaking steps to reduce interest cost, streamlining of existing fleet order & has applied for direct im...
- Vijay Mallya defiant, rubbishes talks of shutting down Kingfisher Airlines
Mallya rubbished talks of shutting down Kingfisher and tried to put up a brave front as the airline suffered a bigger second-quarter loss.
- Kingfisher up 2%, other group cos lose out on profit booking
Shares of Kingfisher Airlines today gained over 2 per cent on the BSE even as scrips of its sister concerns.
- Govt bailout for Kingfisher defies logic, says Spicejet chief Neil Mills
Prime Minister Manmohan Singh had said that steps would have to be taken to help the private sector entities if they get into difficulties.
- Sharad Yadav opposes any government move to bail out Vijay Mallya-owned Kingfisher Airlines
"In fact the losses incurred by Kingfisher should be recovered from the earnings of UB Group, which is also owned by Mallya," Yadav said
UB Group minus Kingfisher Airlines? How will it look?In the wake of the Kingfisher crisis, the real question is: will the King of Good Times be able to find a new set of willing lenders to ban...
Kingfisher Airlines bailout: Why options before government & banks are limitedWhat the airline is hoping for is more of what it got a year back: banks will 'restructure' its debt, currently estimated at around Rs 7,00...
- Should we fly loss making routes, asks Kingfisher Airlines
Vijay Mallya, blaming the system of airlines in the country being overtaxed, overcharged, added govts abroad had "gone out of the way" to s...
- Kingfisher Airlines: Vayalar Ravi calls on finance ministry to ease debt load
A possible government intervention through state-owned banks may help Kingfisher tide over one of its biggest problems today.
- Debt rejig: A breather for airlines
More than Rs 60,000 crore of debt and no scope for any dramatic improvement in the situation was the quandary Indian airlines were facing w...
- IOC encashes Rs 50 cr bank guarantee
State-run Indian Oil Corp (IOC) has encashed a Rs 50 crore bank guarantee after a cheque issued by Kingfisher Airlines towards fuel dues bo...