Six employees of the Mexican Attorney General's Office have been killed in a small Twin-Engine Propeller Plane crash,

And a newspaper said an auditors' report indicated months ago that the aircraft fleet for prosecutors was in poor condition.

Attorney General Jesus Murillo Karam said the cause of the crash in northern Zacatecas state is being investigated.

The officials had flown to Zacatecas to serve an arrest warrant on members of the Zetas drug cartel.

Mr Murillo Karam said their small, twin-engine propeller plane was about 28 years old.

The newspaper El Universal said today that an auditors' report issued in October found serious problems with maintenance and airworthiness in the prosecutors' fleet of Aircraft.

7 Americans killed in Afghan plane crash identified - USA Today USA TODAY Brad Hasler was married in a small ceremony about two weeks ago. But his life came to a tragic end Monday when he and six other civilians, all but one of them from Michigan, were killed when a cargoplane crashed after taking off from Bagram Air Field ... See all stories on this topic »

Six killed in Mexico plane crash Irish Independent Email; Print; Font Size. Six employees of the Mexican Attorney General's Office have been killed in a plane crash, authorities say. 01 May 2013. Six employees of the Mexican Attorney General's Office have been killed in a plane crash, authorities say. See all stories on this topic » Irish Independent

Second Body Found After Mid-Air Calif. Plane Crash Firehouse.com May 01--Authorities found a second body Tuesday as they continued to investigate the wreckage of aplane that crashed after hitting another small aircraft in the skies above Calabasas. The body of the pilot was found Monday night in the mangled ... See all stories on this topic »

Watch live at 8:30 a.m.: Crews remove 9/11 plane crash debris Detroit Free Press NEW YORK — Editors note: Press 'play' above to begin watching the live stream as crews begin to remove a part of a wing from one of the planes that crashed into the World Trade Center on 9/11. Removal is expected to begin at 9:15 a.m.. The rusted ... See all stories on this topic »

Deadly Afghan Plane Crash Caught On Dash Cam In This Horrifying Video (Full ... YouTube Deadly Afghan Plane Crash Caught By Dash Cam In This Horrifying Video Video of Bagram Airfield Crash 29 April 2013. Afghanistan Cargo Plane Crash Caught On Camera Video May Show 747 Jet's Last Seconds Before Bagram Crash Video Shows Plane ... See all stories on this topic »

Video appears to depict plane crash in Afghanistan CNN International (CNN) -- The final moments of the flight of the cargo plane that crashed Monday in Afghanistan, killing all seven crew members, appear to have been captured on a dashboard camera. The approximately 3-minute video shows what appears to be the Boeing ... See all stories on this topic »

Dashboard cam captures deadly plane crash in Afghanistan Washington Post 1, 2013. WARNING GRAPHIC CONTENT: Video shows what appears to be a plane that crashedshortly after takeoff from the Bagram Air Base in Afghanistan killing all seven people aboard. The U.S. led military coalition says the cause of the crash was being ... See all stories on this topic »

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Kingfisher Airlines Ltd must clear debts before it is allowed to Fly again

It is unlikely that Kingfisher Airlines will be able to restart operations any time soon. This is because the Airports Authority of India (AAI), the Government’s Service Tax Department and a consortium of banks are insisting that their dues be cleared before the airline is given permission to take to the skies again.

Kingfisher owes Rs 400 crore to AAI and over Rs 7,500 crore to a consortium of 17 banks.

Airline’s Chief Executive Officer Sanjay Agarwal had met the Directorate- General of Civil Aviation (DGCA) here last week and submitted a fresh proposal for restarting the airline. According to the proposal, UB Group would pump in Rs 650 crore in the airline over 10 months to facilitate restart of its operations.

“There have been no negotiations between AAI and the airline. AAI has categorically indicated that it is not willing to put the airline on a cash and carry basis. With AAI not only operating airports around the country but also managing Air Traffic Management and Communication Navigation Surveillance, the possibility of Kingfisher restarting operations seem remote,” a person connected with the development told Business Line.

Air traffic management relates to the process, procedures and resources which airports follow to make sure that aircraft are safely guided in the skies and on the ground. The cash and carry system allows an airline to operate its flights after paying an airport in advance before a flight leaves the airport. Normally airlines, which have not defaulted on payment of dues, are allowed to operate flights and various airport charges are billed to them at the end of a specified period of time.

However, with Kingfisher AAI is not keen to follow this route as it has already burnt its fingers dealing with the airline. Kingfisher had given AAI advance cheques which bounced.

There is also a feeling that the airline has “huge liabilities” and will not be able to conduct its operations smoothly with the funds being promised by the UB Group to restart its operations.

The airline, which reported a net loss of Rs 755 crore in the third quarter ended December 31, 2012, ceased operations on October 1 last year.

Kingfisher must clear debts before it is allowed to fly again eTurboNews NEW DELHI, India - It is unlikely that Kingfisher Airlines will be able to restart operations any time soon. This is because the Airports Authority of India (AAI), the Government's Service Tax Department and a consortium of banks are insisting that ... See all stories on this topic »

eTurboNews

Easier said than done to reduce bad loans Hindu Business Line For instance, the Kingfisher Airlines account went bad because of the unplanned expansion/acquisition without proper tie-up of funds. With little security to back the huge debt, banks appear to have little option but to take the write-off route and ... See all stories on this topic »

Maj. Gen. Joseph D. Brown IV and his wife, Susan, died in Cessna 210 crashed in a James City County

Plane crash kills former StratCom official, wife

WILLIAMSBURG, Va. -- Media outlets in Virginia are reporting that a plane crash near Williamsburg on Friday has killed an Air Force major general formerly assigned to U.S. Strategic Command at Offutt Air Force Base, along with his wife and their dog.

Virginia State Police spokeswoman Corinne Geller says Maj. Gen. Joseph D. Brown IV and his wife, Susan, died when a single-engine Cessna 210 crashed in a James City County subdivision. The major general, 54, was the pilot. There were no other passengers on the plane.

Geller said the crash occurred at 4:53 p.m. Friday near the Williamsburg-Jamestown Airport, where the plane was supposed to land. She said no one on the ground was injured, and no buildings were damaged.

Federal Aviation Administration investigators arrived at the scene Friday evening.

Other details, including the victims' hometown, weren't immediately released.

At the time of his death, Gen. Brown served as commandant of the the Dwight D. Eisenhower School for National Security and Resource Strategy at the National Defense University in Washington. He spent about two years at StratCom in Nebraska before being assigned to the university in October 2010.

Plane crash kills former StratCom official, wife - Journal Star Lincoln Journal Star WILLIAMSBURG, Va. -- Media outlets in Virginia are reporting that a plane crash near Williamsburg on Friday has killed an Air Force major general formerly assigned to U.S. Strategic Command at Offutt Air Force Base, along with his wife and their dog. See all stories on this topic »

NTSB has recording devices from Thomson plane crash The Augusta Chronicle The Beechcraft 390 Premier 1 jet was carrying five members of The Vein Guys clinic staff when itcrashed after aborting a landing at Thomson-McDuffie Regional Airport about 8 p.m. Feb. 20. Theplane went airborne at the end of the runway and hit the ... See all stories on this topic »

Va. police identify 2 victims of plane crash Seattle Post Intelligencer (AP) — Authorities on Saturday were investigating a plane crash that killed two people near Williamsburg. Virginia State Police spokeswoman Corinne Geller said pilot Joseph D. Brown IV, 54, and his wife, Susan D. Brown, 52, died when their single ... See all stories on this topic »

Virginia Plane Crash: 'Air Force General' Dies - Sky News Sky News A pilot who died when his light aircraft crashed just a few metres away from a house was reportedly a US Air Force general. The single-engine Cessna 210 came down in a field near a retirement community in Williamsburg, Virginia. There was no fire when ... See all stories on this topic »

Air Force Major General Killed in Va. Plane Crash NBC4 Washington A Major General in the United States Air Force was killed Friday afternoon when a small plane crashed in the Williamsburg area. WAVY, citing Virginia State Police, reported that Major General Joseph D. Brown IV, 54, had died in the crash. Virginia ... See all stories on this topic » NBC4 Washington

Pilot uninjured after small plane crash in Santa Rosa abc7news.com Personnel from the Bennett Valley Fire Department could hear a plane flying low in the area making an odd sound around 10 a.m. A short time later, the department received a report of a small plane crash in a vineyard near 6500 Jamison Road, according ... See all stories on this topic » abc7news.com

Husband, wife killed in James City County plane crash wtvr.com WTKR reports the crash occurred just before 5 p.m. near the 5600 block of Boatwright Circle, which is close to the Willamsburg-Jamestown Airport. Firefighters used a rope to help pull the wreckage from the trees. They removed the small plane wreckage ... See all stories on this topic »

Former Billionaire Dr Vijay Mallaya Commits To Paying Kingfisher Workers

Mallya assures staff of Kingfisher revival; bankers sceptical Livemint In mid-February, lenders to Kingfisher Airlines had said they had decided to recall all loans to the airline, kicking off debt recovery process. The airline owes banks Rs.7,000 crore. Though Mallya has made several promises to revive the airline in the ... See all stories on this topic » Livemint

Mallya to give Kingfisher Airline's revival plan next week Moneycontrol.com Kingfisher Airlines' chairman Vijay Mallya has committed to pay pending salaries to employees soon. In a meeting held last night, he told engineers and pilots that he has already informed the finance ministry about it, say exclusive sources. Source ... See all stories on this topic » Moneycontrol.com

Buy Kingfisher Air, ABG Shipyard, Berger Paints: Tulsian Moneycontrol.com Buy Kingfisher Airlines with a day target of Rs 9.10 and stop loss of Rs 8.50. The United Breweries Group is likely to submit the revival plan very soon to Directorate General of Civil Aviation (DGCA) for the company and this is likely to be seen quite ... See all stories on this topic »

Moneycontrol.com

Buy Kingfisher Air, ABG Shipyard, Berger Paints: Tulsian Moneycontrol.com Buy Kingfisher Airlines with a day target of Rs 9.10 and stop loss of Rs 8.50. The United Breweries Group is likely to submit the revival plan very soon to Directorate General of Civil Aviation (DGCA) for the company and this is likely to be seen quite ... See all stories on this topic »

Former Billionaire Vijay Commits To Paying Kingfisher Workers Forbes Former Forbes billionaire Vijay Mallya said Friday that he will pay his Kingfisher Airlines workers 8 months of back pay. When? That he didn't say. The Economic Times reported Friday that Mallya, who lost his billionaire status this year due to ... See all stories on this topic »

Moneycontrol.com

Mallya plans to pay pending salaries, start services soon Hindu Business Line Kingfisher Airlines will settle the pending wages of its employees and plans to restart operations soon, airline promoter Vijay Mallya has said. The airline, which ceased operations on October 1 last year, has not paid employees' wages for the last 10 ... See all stories on this topic » Hindu Business Line

Kingfisher plc Rating Reiterated by Credit Suisse (KGFHY) Zolmax Kingfisher plc logo Kingfisher plc (NASDAQ: KGFHY)'s stock had its “outperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Friday. Kingfisher plc (NASDAQ: KGFHY) traded up 0.34% on Friday, hitting $8.76. See all stories on this topic »

Govt to ship Kingfisher planes to international leasing companies to prevent boycott of Indian Airlines

In a damage-control exercise to prevent India's image from being dented in the global market, the 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.

International Lease Finance Corp (AIG.N) urged India  to release six passenger Jets from Kingfisher Airlines  Ltd 

The head of Aircraft finance giant International Lease Finance Corp (AIG.N) urged India on Wednesday to release six passenger jets held "hostage" by a bureaucratic dispute after struggling Kingfisher Airlines  (KING.NS)  failed to pay for them.

ILFC had warned in January that a failure to return leased airplanes to their true owners when airlines cannot pay their bills could put the country's aviation growth at risk by scaring off funding.

According to Los Angeles-based ILFC, the Delhi High Court ruled last month that ILFC could have access to its aircraft to ensure they can be refurbished and maintained.

But ILFC Chief Executive Henri Courpron told Reuters that the situation on the ground remained unresolved.

"We have made legal and political progress but people are not following instructions from the government," Courpron said in a telephone interview. "We have to stop this hostage situation."

He did not say which Indian authorities or people he held responsible for failing to apply the court's decision.

Ultimately, ILFC wants to fly the Airbus(EAD.PA) aircraft out of India to allow them to be used by other operators. But that would require the consent of Indian authorities.

For now, the planes are sitting idle in Delhi, Mumbai and Chennai.

Kingfisher's financial difficulties have left the airline's fleet grounded since October.

Germany's DVB Bank(DVBG.F) said in December it had sued India's aviation regulator and Kingfisher to have two planes it financed for the troubled carrier de-registered, a possible first step toward recouping its funds.

The two disputes are seen as an important test of an international agreement known as the Cape Town convention, designed to make it more attractive for leasing companies to invest by duplicating repossession rights available in the United States when airlines default on lease payments.

Courpron said he expected the sale of a majority of ILFC to a Chinese consortium by its owner, U.S. insurer AIG, to go ahead as planned in the second quarter, dismissing doubts expressed by some delegates at a Florida aviation conference that it would.

About 38 percent of the audience at an industry panel predicted in a straw poll that the Chinese sale would not go ahead, but Courpron said ILFC was solely focused on it. (Reporting by Tim Hepher and Karen Jacobs; Editing by Alwyn Scott and Dan Grebler)

Kingfisher Airline lenders set to start asset sales Financial Express The members of consortium of lenders to the Kingfisher Airlines have started the process of liquidating its assets to recover their dues. Speaking to Financial Express on Thursday, a top official from Bank of India, which is part of the core group of ... See all stories on this topic »

Govt to ship Kingfisher planes to international leasing companies to prevent ... Economic Times MUMBAI: In a damage-control exercise to prevent India's image from being dented in the global market, the civil aviation ministry may issue a guidance to release allKingfisher Airlines aircraft parked at Indian airports to international leasing companies. See all stories on this topic » Economic Times

H. Samuel hosting wedding fair in the Kingfisher Centre Redditch Advertiser THE jewellers H.Samuel, in the Kingfisher Centre, is hosting a wedding event in the centre from March 17-24. Shoppers will be invited to enter a competition to be in with the chance of winning some fantastic prizes including a delicious box of ... See all stories on this topic »

Kingfisher Airlines’ lenders to monetise Loan collateral

Lenders have started the process of monetising collateral to recover part of their loans from Kingfisher Airlines.

The consortium of lenders, led by State Bank of India (SBI), had said last month that they were hopeful of recovering at least Rs 1,000 crore in the current quarter from collateral which includes shares of United Spirits Ltd (USL) and Mangalore Chemicals and Fertilizers, both part of the UB Group.

"I am not very hopeful that anything will happen this financial year as it is already mid-March. We are in the process of receiving the call-up authorisation from the other banks," an SBI official said. "It is a complicated account and there are several things that need to be taken care of. This is not a single one-to-one loan."

A top official from Bank of India, which is part of the core group of lenders, said that they initiated the process a week back but have not sold any assets till date. However, the lenders said the process is taking more time than expected.

The lenders' consortium had decided in February to recall loans to Kingfisher and had constituted a core group to go into the legal aspects of monetising the collateral. "The core group will take a call on this," said an official with another bank, adding that selling shares were a relatively easy method of monetising securities.

Among other securities, the bankers hold about 2.6 million shares of USL shares which were given as collateral during the Kingfisher debt recast in 2010, and which would be valued at about Rs 500 crore at current share price levels.

On February 15, the UB Group had said that it had not received any formal communication from the banks in this regard. "We are in continuing discussions with them on ways to bring down their exposure, interalia, from the proceeds of the Diageo transactions," a group spokesman had said. Kingfisher Airlines Ltd, which has not flown since October, owes over Rs 7,000 crore to a consortium of 17 lenders.

Apex Wind Energy holds public meetings about planned Kingfisher wind farm RenewablesBiz They are building a house in the middle of the Kingfisher wind farm project area. The Walkers have about 150 acres of land and were approached by Apex to lease their property. They decided not to sign leases but are upset the development will go ahead. See all stories on this topic »

Kingfisher appoints new Screwfix CEO Retail Gazette Home and DIY retail group Kingfisher has today announced the appointment of Andrew Livingston as new CEO of home & DIY retailer Screwfix. Livingston, who has been with the retailer for four years, most recently operated as Commercial & e-Commerce ... See all stories on this topic »

Kingfisher Airlines' lenders to monetise loan collateral Indian Express Lenders have started the process of monetising collateral to recover part of their loans fromKingfisher Airlines. The consortium of lenders, led by State Bank of India (SBI), had said last month that they were hopeful of recovering at least Rs 1,000 ... See all stories on this topic »