Future and Career for Kingfisher Airlines staff

Back to square one for Kingfisher Airlines staff

After a brief Diwali respite, when liquor baron and Kingfisher Airlines (KFA) Chairman Dr Vijay Mallya announced a stake sale in United Spirits to Diageo to possibly revive the ailing Carrier, there is tension in the air once again.  KFA employees continue to languish without salary 

Payments and revival plan in sight.

KFA employees say they have been betrayed, yet again. KFA had promised three months' salary (March-May) before Diwali but only a handful received their salaries for May. KFA, grounded since October, is yet to submit a revival plan to the regulator.

"We feel cheated and have no one to turn to for help. The airline management had promised a timetable for payment of unpaid salaries, which they have failed to adhere to. We are living off our savings. Neither the government nor the regulator is of any help. We have been left at Mallya's mercy," said a Delhi-based Kingfisher pilot.

A 17-bank consortium that has an exposure of around Rs.8,000 crore in KFA, would wait to hear from Mallya when they meet later this month, before deciding their next move.

Certain Aircraft lessors and bankers have invoked corporate guarantees given by UB Holdings on behalf of KFA.

"The biggest issue by far is employee wages. Without that issue being resolved, employees are less inclined to work to guidelines and therefore, continue to pose risks to operational safety," said Saj Ahmad, a London-based aviation analyst. "The fact that no revival plan has surfaced points to problems," he said.

Analysts don't expect any foreign airline to invest in Kingfisher - which had a debt of more than $1.4 billion as on March 31, 2011, in its current state - with its massive debt burden, crippled fleet and poor employee morale.

Aaviation consultancy firm Centre for Asia Pacific Aviation had said in an October research report that in order to become a prospective investment target, Kingfisher will first require significant recapitalisation of at least $600 million (Rs.3,250 crore) and a restructuring of its debt, and a new management team.

"We are addressing all important issues on priority," KFA said in a reply to an email query from HT but gave no details.

KFA's accumulated losses as on March 2012, were more than 50% of its net worth.

Back to square one for Kingfisher Airlines staff Hindustan Times After a brief Diwali respite, when liquor baron and Kingfisher Airlines (KFA) chairman Vijay Mallya announced a stake sale in United Spirits to Diageo to possibly revive the ailing carrier, there is tension in the air once again. KFA employees continue ... See all stories on this topic » Hindustan Times

Now, Etihad eyes stake in Kingfisher Hindu Business Line Kingfisher Airlines is said to be in talks with the Abu Dhabi-based Etihad Airlines for the foreign airline to acquire a stake in the domestic carrier. Sources indicated that Kingfisher Airlines Chief Executive Officer, Sanjay Aggarwal, and senior ... See all stories on this topic »

Dec 7: Kingfisher won't tolerate usurper New Zealand Herald Kate has spotted a magic bit of graffiti art that has appeared in the local dog park in Three Kings, Auckland. "It's a portrait of the internet meme 'Grumpy Cat' looking not too happy about being around all these dogs," she writes. Grumpy Cat is a ... See all stories on this topic » New Zealand Herald

Kingfisher Capital Launches Global Tactical Series with SunTrust Investment ... PR Newswire (press release) 6, 2012 /PRNewswire/ -- Kingfisher Capital, an independent, money management and advisory firm, is pleased to announce that following a multi-year, national screening process, SunTrust Investment Services, Inc. ("STIS"), the investment advisor and ... See all stories on this topic »

Kingfisher airlines delays refunds GreaterKashmir.com After a number of calls that I made to Kingfisher customer care, I was informed by them to wait for one billing cycle to get reflected in credit card,” he said, adding that: “I will file legal suit against the company for failing to perform its ... See all stories on this topic »

TOWIE star heads to Kingfisher Centre Redditch Advertiser A STAR of television hit 'The Only is Essex', will be making an appearance at the KingfisherShopping Centre on Sunday, December 16. Chloe Sims, who stars in the scripted reality television show, will be at Waterstones bookshop in the shopping centre ... See all stories on this topic »

S Viswanathan: SBI's own 'Kingfisher man' Rediff "Now, you journalists won't disturb me anymore," says S Viswanathan, the new managing director of State Bank of India's associates and subsidiaries, in a lighter vein. Viswanathan has reasons to grow weary of the limelight as during his three-year ... See all stories on this topic »

Global Airlines are closing out the year by upgrading their Fleets with more fuel-efficient Aircraft.

Both airlines cited the new jets' fuel efficiency in announcing their orders.

Further, Bombardier said an undisclosed customer in China has signed a purchase agreement for seven CRJ700 NextGen aircraft. Based on the aircraft's list price, that contract plus ancillary services is valued at about $330 million.

Atlanta-based Delta, meanwhile, said in a statement it "selected Bombardier's CRJ900 NextGen aircraft specifically because it is proven to be the most cost-efficient jet aircraft in its class for our operations, and this regional jet satisfies perfectly the agreement that we have made with our pilots to add 70 more 76-seat jetliners to our fleet."

"The introduction of the 737 MAX to Icelandair's operation will complement its existing 757 fleet and ensure the carrier's continued expansion across both continents, offering significant fuel saving with unrivaled passenger comfort," Reykjavik-based Icelandair said in a statement.

Montreal-based Bombardier said it has recorded firm orders for 1,775 CRJ Series aircraft, including 314 CRJ900 and CRJ900 NextGen aircraft.

Boeing's 787 Dreamliner: the world's most efficient commercial jet.


Airlines' Profits To Fly Higher Than...

Delta Aiming To Be First US Airline...

Kingfisher Airlines looks best in airline space: SP Tulsian Moneycontrol.com Tulsian told CNBC-TV18, “Etihad looks to be a serious player and they want to enter into the Indian market and I will not be surprised to say that we may get a statement tomorrow or day after that they are in talk with three airlines because generally ... See all stories on this topic »

US airlines launch drive for national airline policy Reuters "Right now, we are subject to what is really a hodgepodge of ill-thought-out regulations and taxes," said Nick Calio, president of Airlines for America, flanked by top executives from US Airways (LCC.N), Southwest (LUV.N) and other carriers. U.S ... See all stories on this topic »

Airlines Spending Big On More Fuel-Efficient Jets International Business Times Global airlines are closing out the year by upgrading their fleets with more fuel-efficient aircraft. Airlines Spending Big On More Fuel-Efficient Jets. (Photo: ). RELATED.Airlines' Profits To Fly Higher Than Expected In 2012 Airlines' Profits To Fly ... See all stories on this topic » International Business Times

Hong Kong Airlines May Scrap Airbus Orders Wall Street Journal HONG KONG—Regional carrier Hong Kong Airlines Ltd. may scrap all of its orders for Airbus A380 superjumbo jets as part of its effort to focus on short-haul routes. The carrier has already scaled back an initial order for 10 A380s to "not more than ... See all stories on this topic »

Hawaiian Airlines looks to hire more flight attendants USA TODAY (blog) Close. Hawaiian Airlines looks to hire more flight attendants. Today in the Sky. Nancy TrejosShare. Comments. Hawaiian Airlines is looking to hire 240 more flight attendants. (Photo: By Ben Mutzabaugh, USA TODAY). Tags. Hawaii · Taipei · Honolulu ... See all stories on this topic »

Still Need a Christmas Gift? Try an Airline Club Membership. Jaunted Gift giving crunch time is right around the corner, but we've got an idea for your favorite frequent flyer this holiday season. You can give up endlessly searching on Amazon for one of this and one of that, as an airline lounge pass is the way to go ... See all stories on this topic » Jaunted

American Airlines strikes deal with Lambert-St. Louis airport in wake of ... STLtoday.com American Airlines would keep four gates at Lambert-St. Louis International Airport but shed $2.3 million a year in payments to the airport under a proposed deal with the city. The agreement is expected to be filed next month with the U.S. Bankruptcy ... See all stories on this topic »

Routes Americas Attracts Region's Major Airlines Moneylife The event is expected to attract over 60 airlines from across the Americas and beyond and with over 35 carriers already registered to attend this figure is expected to rise further. All four US network carriers; US Airways, American Airlines, Delta Air ... See all stories on this topic »

African airline start-ups hold the key to unlocking the continent's riches CAPA - Centre for Aviation All these airline start-ups - and their desire to provide the much needed linkages so desperately needed to unlock Africa's true economic potential - will however bump up against the slow rate of airspace liberalisation and government protectionism and ... See all stories on this topic » CAPA - Centre for Aviation

Turkish Airlines Makes Maiden Flight to KIA AllAfrica.com 6 December 2012. TURKISH Airlines has launched its maiden Istanbul- Kilimanjaro International Airport flight, marking a new era in the history of the airport, thanks to an aggressive marketing drive by the Kilimanjaro Airport Development Company (KADCO). See all stories on this topic »

Icelandair agreed to buy 12 737 MAX jets from Boeing Co. ,
valued at list prices at more than $1.2  billion.
Delta Air Lines, Inc. (NYSE:DAL) placed a firm order for 40 CRJ900
NextGen regional jets and taken options on another 30 from Canada's
 Bombardier (TSE:BBD.B). If both orders are fulfilled the purchases
 have a value, at list prices, of about $3.29 billion.

Captain Clarence Andrews, of Signal Mountain Died in a Plane Crash near Collegedale Municipal Airport, in a Cessna 172 Small, Single Engine Air Plane

COLLEGEDALE, TN. (WRCB) -- Sunday afternoon, pilot Clarence Andrews, 82, of Signal Mountain took off from the Collegedale Municipal Airport, and wasn't heard from again.

The airport director called his daughter in Atlanta early Tuesday morning, and then she called police.

"Her father had been missing from the Collegedale Airport and had not returned," says Amy Maxwell with Hamilton County EMS.

Andrew's car, cell phone and dog were still at the airport.

Rescue crews rushed to the 4400 block of Alabama Road to begin their search.

"They got that information from the ping from his Verizon cell phone," Maxwell explains.

The Tennessee Wing Civil Air Patrol was called in to help.

They soon found what they were searching for. The small, single engine plane crashed, just north of the runway. It was found upside down in the woods.

"Length-wise it's actually smaller than most passenger cars out here today," says Mark Landrum with Civil Air Patrol.  

Andrews' Facebook page says he's a retired mechanical engineer who flies two planes, both of which he built himself.

Officials say Andrews did not have a flight plan, however, by law he's not required to have one, nor is his small plane required to have an emergency transmitter.

Members of the National Transportation Safety Board are expected to arrive at the crash site Tuesday evening to further investigate.

South Africa military plane crashes, killing 11 Huffington Post JOHANNESBURG — A South African military aircraft on an unknown mission to an area near former President Nelson Mandela's village crashed in a mountain range, killing all 11 people onboard, officials said Thursday. The Douglas C-47TP Dakota, ... See all stories on this topic »

South Africa Military Plane Crash Kills All on Board Voice of America ... Defense Ministry says the plane went down in the Drakensberg mountains after taking off late Wednesday from Pretoria. The plane was carrying six crew members and five passengers en route to Mthatha, and encountered bad weather before the crash. See all stories on this topic »

Eleven killed in South Africa military plane crash Yahoo! News (blog) JOHANNESBURG (Reuters) - Eleven people were killed when a South African military plane crashed during severe weather in a remote area of the eastern Drakensberg mountains, the defense ministry said on Thursday. A spokesman denied reports the ... See all stories on this topic »

11 dead in South African military plane crash NDTV Johannesburg: A military plane has crashed in South Africa's mountainous east, killing 11 officers, the air force said on Thursday. "On board the aircraft was a crew of six and five passengers and it was confirmed that there are no survivors," the Air ... See all stories on this topic »

Plane crash in South Africa's Drakensberg mountains kills 11 DigitalJournal.com Pretoria - A military aircraft crashed in severe weather in the Drakensberg mountains in South Africa, after taking off from Pretoria's Waterkloof Air Force Base, en route to Mthatha in the Eastern Cape on Wednesday morning. The plane was a Douglas C ... See all stories on this topic »

S African military plane crash kills 11: reports Hindustan Times A military plane has crashed in South Africa's mountainous east, killing 11 people, several media said on Thursday, with one unconfirmed report saying the victims were members of Nelson Mandela's medical team. The Dakota air force plane, which crashed ... See all stories on this topic »

Eleven killed in military plane crash in Drakensberg BDlive ELEVEN people, including six South African Air Force members, died when a military aircraft crashed in the Drakensberg near Ladysmith on Wednesday, the South African National Defence Force (SANDF) said. "On board the aircraft was a crew of six with ... See all stories on this topic »

Plane crash report: Wing folded up, hit canopy Herald and News Investigators from the FAA and NTSB examine the remains of a RV6 two-seat airplane last week that crashed into a field Nov. 26 near Crabtree after apparently losing a wing inflight. The wing was found on highway 226 several thousand feet from the crash ... See all stories on this topic »

Man trapped under body of pilot in plane crash settles €1.7m case Irish Independent A MAN who sued for at least €1.7m over a plane crash in which he was trapped under the body of a dead pilot for two hours has settled his High Court action. Businessman Kevin Barry Jnr, who suffered extensive fractures including a brain injury, told ... See all stories on this topic »

No plane problems evident in Greensburg crash that killed 4 kypost.com GREENSBURG, Ind. - It could be up a year before a complete report on what caused aplane crash in Decatur County that killed four people is released. The National Transportation Safety Board said Thursday that the wreckage of the Piper 46 that went... See all stories on this topic »

10 Ways Cloud Computing will change in Year 2013

As enterprise steps up its use of cloud services analyst house Forrester has predicted how business use of cloud platforms and services will change next year.

Business will get real about cloud costs
Organisations will start paying more attention to cloud costs in 2013, Forrester claims.

Cannibal cloud: How spending on the cloud is eating into IT budgets

Cloud isn't always cheaper, it's just likely to be cheaper if organisations follow the right use model. To get the best ROI out of cloud services and platforms organisations need to model the cost profile of applications, monitor the resources they use and adjust any deployment to balance cost against performance, according to the analysts.

Cloud cost-monitoring tools like Cloudyn, CloudCruiser, Cloudability, Newvem and Rightscale, plus the cost-reporting tools from large cloud vendors, provide a way of doing these calculations.

Good cost management should also drive business' hybrid deployment, service selection, and discount schedule negotiations, Forrester says.

CFOs are likely to wake up to this opportunity to reduce the cost of cloud services in 2013, it predicts.

Attitudes to cloud service level agreements change
Organisations will realise that it is better to build the resiliency they need into the cloud-based apps, rather than the platforms they run on.

Taking this approach will allow organisations to stand more chance of getting the performance, availability and security they need, Forrester said.

The other advantage is not incurring the cost of negotiating a high SLA from a cloud vendor when only one in 10 of the apps deployed on a platform require that level of guarantees.

Development of enterprise apps on public cloud will be sanctioned
Infrastructure and operations (I&O) teams will accept that in-house developers will be using public cloud platforms to build apps.

Sanctioning development, rather than attempting to block it, will allow I&O teams to provide guidance on how to use these platforms securely and put in place appropriate oversight.

Cloud takes off for back-up and disaster recovery 

Cloud computing's utility future gets closer


Data that previously was cheaper to back up to traditional DR storage will be cheaper and easier to back up through a cloud-based disaster recovery system - where virtual machine data is replicated to a multi-tenanted cloud platform - as well as faster to recover, it predicts.

Part of the reason for the possible cost reduction is that a cloud-based disaster recovery system will be pay-per-use, eliminating the need for a capital investment to build a secondary DR site.

Cloud doesn't have to mean commodity Cloud services might be renowned for running on low-cost, commodity hardware but 2013 will see a proliferation of services backed by high-end components, Forrester predicts.

As demand rises for market-specific cloud services and cloud vendors attempt to differentiate themselves it predicts a rise in services backed by non-commodity hardware.

The analyst house says the trend is already evident, in services backed by high-end GPUs and SSDs.

Amazon Web Services will have a fight on its hands
In 2013 Amazon Web Services will face stiffening competition for the cloud platform market that it currently dominates, with as much as 70 percent market share, according to Forrester.

It predicts challenges from Microsoft and Google, thanks to what it calls "significant improvements to their platforms". By the end of 2013 Forrester also expects there to be "at least three substantial OpenStack-based clouds building strong positions".

Businesses will accept that not everything belongs in the cloud
Read this

AWS: The complete guide to Amazon's cloud


IT buyers will increasingly understand the strengths and weaknesses of cloud platforms and how they differ from traditional virtual infrastructures and hosting environments. Companies should recruit in-house developers with hands-on experience of these different platforms to help decide what workloads belong in which environment, it says.

Cloud and mobile will become one During 2013 there will be greater convergence between mobile applications and cloud-based services.

Forrester predicts a growth in the already popular practice of connecting mobile applications to cloud-based back-end services that can elastically respond to demand from mobile clients. It says the practice also has the advantage of lessening the load and security risks of having this traffic connect to a business's datacentres.

Forrester analyst Glenn O'Donnell says "cloud plus mobile is a classic more than the sum of its parts combination".

Businesses will acknowledge that virtualisation does not mean cloud Enterprise I&O departments will need to stop misselling virtualised environments as private cloud in 2013, Forrester says.

These virtualised environments are typically not private clouds, it says, as very few offer self-service to developers, fully-automated provisioning, standardised services or cost transparency. Instead they are mostly static virtual environments that drive workload consolidation, operational efficiencies and fast recovery.

In 2013 I&O teams should acknowledge that both have a place in the datacentre, according to the analyst house, and stop trying to sell one as the other.

Developers will realise development isn't that different in the cloud
According to Forrester's cloud developer survey the majority of languages, frameworks, and development methodologies used in the enterprise are also in use in the cloud.

There are few excuses for a well-trained developer to not be productive in the cloud, the analyst house says.

10 ways cloud computing will change in 2013 ZDNet Cloud isn't always cheaper, it's just likely to be cheaper if organisations follow the right use model. To get the best ROI out of cloud services and platforms organisations need to model the cost profile of applications, monitor the resources they use ... See all stories on this topic »

Browser hacks enable free cloud computing New Scientist (blog) Cloud computing is big business. Companies and individual users rent bandwidth from large cloud services to perform all manner of tasks, from hosting small websites to churning through large, computing-intensive tasks like modelling new drug compounds. See all stories on this topic » New Scientist (blog)

Download the Cloud Monitoring Deep Dive Report InfoWorld As Web applications migrate to the cloud, where the infrastructure encourages fluid deployment, breakdowns in business flow become harder to detect and address. The good news is that Web application monitoring solutions are evolving to root out trouble ... See all stories on this topic »

MTN launches cloud computing services for SMEs BDlive MTN Business, a unit of MTN Group, has launched cloud computing services that will be targeted at small and medium enterprises (SMEs) in six countries in Africa, including South Africa, it said on Thursday. Cloud computing refers to the use of the ... See all stories on this topic »

Cloud computing firm Xero could give Reckon a run for its money The Australian Cloud computing firm Xero could give Reckon a run for its money. by: Criterion; From: The Australian; December 07, 2012 12:00AM. Increase Text Size · Decrease Text Size · Print · Email · Share · Add to Digg · Add to del.icio.us · Add to Facebook · Add ... See all stories on this topic »

Social Networks Continue Push For Control InformationWeek Despite the underwhelming adoption of social network alternatives such as Diaspora and Tent.io, social networking could become more like WordPress, a service that users could run for themselves through a cloud computing service provider. You shouldn't ... See all stories on this topic »

PerspecSys Wins 2012 Cloud Computing Excellence Award for Its Innovative ... SYS-CON Media (press release) PerspecSys Inc., the leader in cloud data security solutions for the enterprise, today announced it has been selected by TMC, a global, integrated media company, as a 2012 Cloud ComputingExcellence Award winner. Presented by Cloud Computing ... See all stories on this topic »

Cloud computing costs: do they stack up? Sydney Morning Herald Divest IT, a cloud computing provider, compares costs of the cloud against traditional IT infrastructure costs. Its calculations show the total cost of ownership (TCO) of cloud computing is 15 per cent lower than the traditional onsite server ... See all stories on this topic » Sydney Morning Herald

Four in five IT directors feel responsible for cloud failure CloudTech New research from enterprise IT solutions provider Damovo UK has revealed that, for 80% of IT top brass, if they move their services to the cloud, it's their responsibility if it goes wrong. The UK-based research, conducted by Vanson Bourne which spoke ... See all stories on this topic »

Amazon Web Services continues Windows push with PowerShell addition InfoWorld AWS Tools for Windows PowerShell provide over 550 so-called cmdlets for allowing administrators to make service calls or create scripts for automating cloud management, all from within the command line-based PowerShell environment. A cmdlet is a ... See all stories on this topic »

Time is the God .....

Time is the God .....

heals the wounds....

helps in knowing the truth...

helps in answering the question which u can never say....

helps in knowing who wins.........

gives the real relationship ...... 

helps in knowing who is yours....

n who is pretending to be yours....

hats off to real friend of everyone.....

Time....Time...Time.....

Would Fiscal Cliff Lead to Recession? Fox Business The economy can't handle that without a doubt we head into recession if we go over the cliff. Are you are you an agreement with caught him -- absolutely right nevertheless the markets have effectively -- you -- equity markets keep going higher ... See all stories on this topic »

Euro Area Pushed Into Recession as Trade Slows, Spending Drops Bloomberg The euro-area economy was pushed into a recession for the second time in four years as trade slowed and government spending declined. Gross domestic product in the 17-nation currency bloc slipped 0.1 percent in the third quarter from the previous three ... See all stories on this topic »

Eating clubs' pre-recession assets increase by $15 million The Daily Princetonian The assets of the 11 eating clubs jumped by nearly $15 million over the course of the recession, according to the most recent tax returns filed by the clubs. This substantial increase in combined club assets may reflect the recent slew of capital ... See all stories on this topic »

Exports save euro zone from deeper recession in third quarter Globe and Mail Exports saved the euro zone from a deeper recession in the third quarter of this year while companies emptied warehouses and cut investments, putting the onus on trade to drive a recovery. The overall shrinkage in economic output for the July-to ... See all stories on this topic » Globe and Mail

Gender Unemployment Shift from Previous USA Recession Reflected in Current ... The Herald | HeraldOnline.com The historical trend of females bearing the brunt of job losses was reversed for the first time in therecession of 2008, and with some experts predicting the United States is on the verge of confirming they are in yet another recession, statistics ... See all stories on this topic »

Holiday Spending Projected To Return To Pre-Recession Levels: Study Huffington Post Americans plan to spend about as much on holiday shopping this year as they did before therecession, a sign that confidence about the economy may finally be picking up, according to a new study from American Research Group, Inc. The average shopper ... See all stories on this topic »

Greece jobless rate up to 26 percent Fox News ATHENS, Greece – Greece's unemployment rate rose to 26 percent in September, as the country heads toward a sixth year of recession. The Greek Statistical Authority announced Thursday that 1.295 million people were recorded as being unemployed in ... See all stories on this topic »

Poles fear recession will hit this time Financial Times When Tomasz Nordynski opened his car showroom 21 years ago, Poland was just emerging from the shambles of communism. Since then he has survived numerous economic crises, but the current slowdown has him more worried about his future than ever ... See all stories on this topic »

Australia: Imminent Recession? BullionVault AS AUSTRALIAN data releases go, the 'National Income Accounts', which measure the country's economic growth rate (GDP), are probably the biggest lagging indicator you could ask for, writes Greg Canavan for the Daily Reckoning Australia. Data released ... See all stories on this topic »