google.com, pub-6370463716499017, DIRECT, f08c47fec0942fa0 AlfaBloggers Best Bloggers Team Of Asia : Kingfisher Airlines
Showing posts with label Kingfisher Airlines. Show all posts
Showing posts with label Kingfisher Airlines. Show all posts

Thursday 1 November 2012

Dr Vijay Mallya Left with No Resources to Restart KFAL DIAL also asks Kingfisher to vacate international business lounge at T3



Dr Vijay Mallya Left with No Resources to Restart KFAL



DIAL  also asks Kingfisher Airlines to vacate international business lounge at T3


NEW DELHI: Kingfisher troubles don't seem to end. After Airports Authority of India (AAI) asking it to vacate hangars at Chennai and Kolkata, the GMR-run Delhi Airport has asked it to give up the huge business lounge it has on the international side of terminal 3 (T3). The airline, which has not operated a single flight since October 1 and whose licence is suspended, had stopped international flights this March.

"Our business teams have told Kingfisher that it makes commercial sense for them to vacate the huge 90-100 square meter space they have occupied at T3 (international side) for business lounge since they don't have international flights. Their plan is to restart operations with about seven planes. Under current rules, an airline can't fly abroad till it has 20 aircraft in its fleet. So even if Kingfisher is able to restart operations, going overseas is a long way off," said a senior GMR official.

Kingfisher's combined dues for Delhi and Hyderabad airports (both operated by GMR) are about Rs 75 crore. The GMR Group has filed suits over bounced cheques. "The entire overdue amount needs to be securitized before Kingfisher can fly again from these places," said the official.

Kingfisher does not have any hangar at the GMR-run airports. A number of its planes are parked in open at the old international terminal of IGI Airport like "Christmas trees". "The airline used to take whatever parts it needed from the parked planes to keep its skeletal fleet flying before October 1. That's why they were nicknamed Christmas trees," said sources.






Meanwhile, some Kingfisher employees did not get the second pay cheque they were promised before end of October. Kingfisher EVP Hitesh Patel wrote a mail to employees: "I have received many SMS and calls reference salary. I can assure you that the salary for ALL employees was paid yesterday (October 31) as committed, in fact the full salary from various banks was debited from the KFA account and confirmed by us yesterday evening so I expect the balance of the employees to get the SMS today as the banks processes the salary."

The Kingfisher lounge was the only lounge by an Indian carrier at T3 international side. Air India's lounge is not ready yet. Emirates and Lufthansa are the only two airlines with lounges. All other airlines use two common lounges for their business and first class passengers.









Kingfisher pays April salary
The Hindu
The strike at Kingfisher was called off on October 25, when the employees accepted the management's offer for payment of three months salary in a staggered manner before Diwali and the fourth salary in December. The salary for March was paid the ...
See all stories on this topic »
DIAL asks Kingfisher to vacate international business lounge at T3
Times of India
NEW DELHI: Kingfisher troubles don't seem to end. After Airports Authority of India (AAI) asking it to vacate hangars at Chennai and Kolkata, the GMR-run Delhi airport has asked it to give up the huge business lounge it has on the international side of ...
See all stories on this topic »
Crisis? Mallya manages to make a neat cash pile
Rediff
UBHL is a holding company for Mallya's other firms United Spirits Ltd [ Get Quote ] (USL) and Kingfisher Airlines [ Images ] (KFA). The share price of UBHL saw a threefold rise from a 52-week low of Rs 53 in June to touch a high of Rs 155 in September ...
See all stories on this topic »

Rediff
The 79-year story of Comet
The Guardian
2003 Kingfisher spins off the Comet business to form a new group known as Kesa Electricals, which operates more than 650 stores in nine countries. Its operations include Darty, the market leader in France; a second French brand, BUT; Datart in the...
See all stories on this topic »

The Guardian
SBI: Singed by the economic downturn
Business Standard
And, in the past year, whenever he has interacted with the media, he has either fielded questions about Kingfisher's debt status or burgeoning non-performing assets (NPAs). Chaudhuri has been at the helm of affairs during one of the toughest phases of ...
See all stories on this topic »
JSW Energy Limited
Moneycontrol.com
For all investors looking to unearth stocks that are poised to move. Kingfisher Air pays second month salary overdues to staff. Will KFA manage to resume operations withing a month? 35 comments. Yes. No. Rahul plans legal action as Swamy accuses him, ...
See all stories on this topic »
TEST SCORES - HHS makes an A, others Bs
Hennesseyclipper
Kingfisher's four schools received three As and one B. The B was at the Kingfisher Middle School with a 3.66. Both the high and pre-K through second grade elementary schools scored 4.00. There was no report card available on the state's web site for ...
See all stories on this topic »


Sunday 21 October 2012

Death of another Airlines What would Kingfisher staff do now






The staff of  the troubled Kingfisher Airlines received the news of the carrier’s licence being suspended with shock and dismay here on Saturday.


“It is sad and shocking. We now expect the management to sort out issues with the Directorate-General of Civil Aviation and get the suspension revoked,” a senior employee of the company, who did not wish to be identified, said.

Despite repeated attempts, top Kingfisher officials here remained unavailable for comments on the developments in the capital. The airlines on Friday extended its partial lock-out till Oct 23.

The senior staffer added that the talks with the Kingfisher management were on and expressed hope that “something positive” would emerge from the salary negotiations.

“We only wanted our salaries, not the closure of the airlines, which is our source of livelihood,” the staffer said.



Shekhar Gupta
CEO
Capt. Shekhar Gupta [ Pilot, DIAM, M.Ae.S.I., MAOPA [USA] ]
shekhar@aerosoft.in 
Blog : http://shekharaerosoft.blogspot.in/ 

AeroSoft SEOBest Cab services worldwide
School of Internet MarketingBest tour packages worldwide
Best B2C services
Power ServicesReal state services
Book cheapest FlightConstruction & Buillders
Pilot TrainingAirBus Trainning A320
BOEING Trainning 737-800 NGBest Study Material
Best Mobile,mobile reviewsBest IPhones
Best study material for professional coursesCareer Pilot School
Air AviatorWorld Class Training in international aviation
Career in AerosoftBest SEO Jobs
Advertise Your Business for Free by aerosoftBest Job in Airline
Book Low Fares travel PackagesA-1 Travel


Kingfisher Airlines extends lockout, to meet staff on Monday again ...
ibnlive.in.com/news/kingfisher...staff-on-monday-again/300943-7.html
18-10-2012 · The management of Kingfisher Airlines (KFA), grounded since September 29, will be meeting striking pilots and engineers again on Monday in a bid to end the ...
Kingfisher Airlines' staff shocked over license suspension ...
businesstoday.intoday.in/story/kingfisher-airlines-staff-shocked...1 day ago
The staff of Vijay Mallya-owned Kingfisher Airlines were on Saturday left shocked and dimayed after news came in that the Directorate of Civil Aviation (DGCA) had ...
Kingfisher staff wife's suicide: NHRC admits plea Vs Mallya ...
www.moneycontrol.com/news/business/kingfisher-staff-wifes-suicide...
Mon, Oct 08, 2012 at 10:38. Kingfisher staff wife's suicide: NHRC admits plea Vs Mallya. The National Human Rights Commission has admitted a plea against Kingfisher ...
ground staff in kingfisher airlines airport in Airline - Travel, Delhi
delhi.quikr.com/ground-staff-in-kingfisher-airlines-airport...
Search for ground staff in kingfisher airlines airport in Airline - Travel for Delhi. Quickly search for ground staff in kingfisher airlines airport in Delhi at the ...
Kingfisher extends lockout; to meet staff on Monday again ...
www.business-standard.com/.../kingfisher...staffmonday-again/69643
Kingfisher extends lockout; to meet staff on Monday again Press Trust of India / Mumbai October 17, 2012, 22:35
Kingfisher sits on ex-staff PF contributions
www.financialexpress.com/news/kingfisher-sits-on-exstaff-pf...
12-10-2012 · Financial express latest business and finance news: Kingfisher sits on ex-staff PF contributions
Kingfisher CEO wants staff to start work on Oct 13, silent on ...
timesofindia.indiatimes.com/business/india-business/Kingfisher-CEO...
10-10-2012 · A mail from the management to all Kingfisher staff was largely silent on payment of pending salaries, the issue over which the employees are on strike.
India's Kingfisher extends fleet grounding as staff hold protest ...
en-maktoob.news.yahoo.com/indias-kingfisher...fleet-grounding-staff...
'India's Kingfisher extends fleet grounding as staff hold protest' on Yahoo! News Maktoob. MUMBAI/NEW DELHI (Reuters) - Kingfisher Airlines Ltd will ground its fleet ...
Kingfisher staff struggles to make ends meet
www.in.com/news/current-affairs/kingfisher-staff-struggles-to-make...
06-10-2012 · Kingfisher declared a lockout till October 12 after the management failed to resolve the deadlock with its striking employees over non-payment of salaries.
Kingfisher staff shocked over suspension of licence | Firstpost
www.firstpost.com/economy/kingfisher-staff-shocked-over-suspensio…1 day ago
Mumbai: The staff of the troubled Kingfisher Airlines received the news of the carrier’s licence being suspended with shock and dismay here on Saturday. “It is ...






Thursday 18 October 2012

Kingfisher Airlines Is No more an Airlines ? Stares at licence suspension




Kingfisher Airlines stares at licence suspension  ? 

Kingfisher Airlines,
jet airways,
indian airlines,
indigo airlines,
deccan airlines,
kingfisher airlines contact number,
paramount airlines,
kingfisher airlines partners,
kingfisher airlines reviews,

Kingfisher Airlines Is No more an Airlines ?
Stares at licence suspension


Grounded Kingfisher faces another hurdle in getting airborne again.

NEW DELHI: Crisis-ridden Kingfisher Airlines could be on the verge of having its flying licence suspended. Like scores of its unpaid employees, vendors and service providers, the aviation ministry is also going to look for real money - and not just promises or timelines to pay - in the reply the airline has to file to Directorate General of Civil Aviation (DGCA)'s notice by Saturday.

Unless convinced that Kingfisher has the resources to operate as a schedule airline and maintain its timetable of flights with full safety, highly placed aviation authorities say they will go for licence suspension. "Kingfisher is on cash and carry by most service providers. We do not want a situation where the airline restarts operations and then keeps flying in fits and starts whenever its unpaid employees are not on strike and the service providers refusing to service it. We have seen enough of that since last November," said a senior official.


A formal decision on the airline's licence could be taken next week. "Kingfisher has not even asked for extension of the 15-day deadline to reply to the same. We have not even heard from the airline brass since October 2 when they were summoned to explain their position. Kingfisher promoter Dr Vijay Mallya is expected to be in Delhi next week as the Formula One Indian Grand Prix will take place at Greater Noida and that time he may speak what he has in mind for the airline," said an official.



Kingfisher Airlines stares at licence suspension
Times of India
NEW DELHI: Crisis-ridden Kingfisher Airlines could be on the verge of having its flying licence suspended. Like scores of its unpaid employees, vendors and service providers, the aviation ministry is also going to look for real money - and not just ...
See all stories on this topic »
Kingfisher Airlines extends lockout until 5 November
Livemint
12 05 AM IST. New Delhi: Kingfisher Airlines Ltd has again extended its lockout till 5 November, stretching the shutdown that began on 1 October because of an employee protest and was to end this Saturday. The cash-strapped carrier has closed ticket ...
See all stories on this topic »

Livemint
Kingfisher Airlines shares down 5 per cent, hit lower circuit
Business Today
Kingfisher Airlines shares fell about 5 per cent on Thursday after the company's meeting with the striking employees failed to resolve the deadlock. The management, led by Chief Executive Sanjay Aggarwal and HR head Hitesh Patel met the representatives ...
See all stories on this topic »

Business Today



Kingfisher may push re-launch to Nov 5
Hindu Business Line
Kingfisher may push re-launch to Nov 5. Ashwini Phadnis. Share · Comment · print ·. T+ · T- · Tweet. New Delhi, Oct. 18: Has Kingfisher Airlines put off its re-launch till November 5? While airline officials declined to say anything on the issue ...
See all stories on this topic »
Kingfisher Airlines stock hits lower circuit; down 5%
Moneycontrol.com
Kingfisher Airlines scrip today fell by about 5 per cent after the company's meeting with the striking employees failed to resolve the deadlock over unpaid salaries. Shares of the company opened weak and soon fell by 4.76 per cent to touch the lower ...
See all stories on this topic »

Moneycontrol.com
Kingfisher crisis: No winter schedule for Mallya's airlines
India Today
Kingfisher Airlines on Wednesday said it would have to extend the October 20 deadline it had set for itself to resume operations. A meeting with the striking employees has failed to resolve the deadlock, it was learnt. Check bounce case: Meanwhile, GMR ...
See all stories on this topic »

India Today
DGCA rejects Kingfisher Airlines winter schedule; stock down
Economic Times
MUMBAI: Kingfisher Airlines continued to drag lower after the Directorate General of Civil Aviation (DGCA) rejected giving it an approval to the winter schedule of flights. The regulator, which has already served a show-cause notice threatening to ...
See all stories on this topic »
Kingfisher Air slips 5% on likely suspension of licence
Moneycontrol.com
Kingfisher Air slips 5% on likely suspension of licence. r Airlines slipped 5% to Rs 12 after the civil aviation minister said that the airport regulator may suspend or cancel the company's flying licence. Source: Moneycontrol.com. Share · Tweet ...
See all stories on this topic »

AeroSoft SEO

Best Cab services worldwideFly Safe Academy
School of Internet MarketingBest tour packages worldwideBest Beauty pageants
Best B2B ServicesBest B2C servicesEducational Tour
Power ServicesRealstate servicesAero Webmark
Book cheapest FlightConstruction & BuilldersBest IPhones
Pilot TrainingAirBus Trainning A320Best Mobile,mobile reviews
BOEING Trainning 737-800 NGBest Study MaterialBest Honeymoon packages