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Aviation Ministry nod to 26% FDI in private airlines
The civil aviation ministry has agreed to the proposal of Industrial ministry, allowing foreign airlines to buy 26% stake in domestic private airlines, reports PTI. Earlier the aviation ministry had proposed for 24% of foreign direct investment (FDI) by foreign ...
Kingfisher to pay Rs 60 lakh a day to use Mumbai Airport
Cash-strapped Kingfisher Airlines again kept on cash-and-carry basis by Mumbai Airport on Thursday. Mumbai International Airport Pvt. Ltd. (MIAL) sent a notice to Kingfisher Airlines on Thursday saying, it will have to pay Rs 60 lakh a day for using ...
Kingfisher Pay Rs 60 Lakh Day Use Mumbai Airport
Indigo Airlines overtakes Kingfisher in October
Kingfisher Airlines, which is in trouble from all fronts from past few weeks lost its second position in terms of market share in October. The place has been overtook by budget airline, Indigo Airlines, government data showed.The first position is occupied ...
Indigo Airlines Overtakes Kingfisher October
Kingfisher Airlines' Q2 losses doubles
Kingfisher Airlines, the company which is in the midst of trouble on Tuesday posted losses in its Q2 financial results. The losses of the company have doubled during the quarter year-on-year (y-oy) on account of higher fuel costs and operating costs. ...
Kingfisher Airlines Q2 Losses Doubles
Kingfisher's good times turns bad times
The stock of Vijay Malya-promoted company Kingfisher Airlines hits an all-time low on Friday over its mass cancellation of more than 100 flights in past four days. Over 130 pilots of the cash-strapped airline has resigned in past week who ...
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