Mallya also visited the Prime Minister's Office at South Block but it could not be ascertained who he met inside.

Airports Authority of India (AAI) said it will insist on clearance of its dues of Rs 290 crore before the carrier is allowed to fly again.

SBI is the lead banker in the 17-lender consortium that extended Rs 7,000 cr loans to Kingfisher. The bank has an exposure of Rs 1,500 cr t...

At the meeting, Kingfisher submitted that parent UB Group will infuse Rs 650 cr capital in the airline company over the next 12 months.

Kingfisher was witnessing pressure after the company’s flying licence expired, after it failed to convince DGCA with its revival plans.

Flying permit of Kingfisher, which has been suspended by DGCA, expires today, but rules allow that it can be renewed within two years.

Kingfisher Airlines is saddled with a loss of Rs 8,000 crore and a debt burden of another over Rs 7,524 crore.

Kingfisher Airlines Ltd pared most of its early morning gains on Wednesday after aviation minister Ajit Singh said that the grounded carrie...

Kingfisher had a few weeks ago submitted an application for renewal of its flying permit, which is due to expire on December 31.

Aviation regulator DGCA today said that no timeframe has been set for the debt-ridden Kingfisher Airlines to submit its comprehensive reviv...

State Bank of India, the lead bank to ailing Kingfisher Airlines, cautioned the carrier that it "will not fly" if it fails to bring in fres...

Crisis-ridden KFA said it is working on a comprehensive revival plan which will be given to aviation regulator DGCA in the next few weeks.

Ahead of submitting a revival plan to DGCA, Mallya met Civil Aviation Secretary K N Shrivastava and briefed him about the steps being taken.

UB Group will infuse funds into Kingfisher Airlines, the Directorate General of Civil Aviation was told by the airline management on Friday.

Beleaguered Kingfisher Airlines today told aviation regulator DGCA that it would use its own resources to fund its revival.

"We had a discussion with the DGCA to get a better understanding about presenting the revival plan," CEO Sanjay Aggarwal said.

Beleaguered Kingfisher Airlines may ask an international consultant to help prepare a turnaround plan as lenders remain wary of giving more...