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KFA owners asked to infuse equity, sell non-core assets:SBI

KFA owners asked to infuse equity, sell non-core assets:SBI | Indian Skies | Scoop.it
A Krishna Kumar, managing director of State Bank of India says debt-ridden Kingfisher Airlines has been asked to infuse equity. ..
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DGCA officials face conflict of interest

DGCA officials face conflict of interest | Indian Skies | Scoop.it
The new acting DGCA Prashant Sukul is on the Air India board, while the joint DGCA Anil Srivastava is also the CMD of Pawan Hans Helicopters.
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Pratt & Whitney engines to power IndiGo A-320

Pratt & Whitney engines to power IndiGo A-320 | Indian Skies | Scoop.it

Delhi-based low-cost airline IndiGo has signed a “definitive agreement” for the purchase of 300 Pratt and Whitney engines.

The engines will power the 150 Airbus A-320 New Engine Option (NEO) family aircraft that the airline has ordered. The agreement, which was inked at the ongoing air show in London, also has the provision of the airline going in for some additional engines.

 

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SpiceJet plans to expand international flight services to 6 countries

SpiceJet plans to expand international flight services to 6 countries | Indian Skies | Scoop.it
SpiceJet today said it will start new flights to six countries, including Afghanistan, China, Hong Kong by end of October this year.
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Mallya protects pvt jet from lenders

Mallya protects pvt jet from lenders | Indian Skies | Scoop.it

At a time when lenders to bankrupt Kingfisher Airlines are assessing the possibility of liquidating non-core assets like real estate of the shrinking airline, the UB Group has shifted the ownership of a customised corporate jet used by promoter Vijay Mallya from Kingfisher Airlines to a group holding firm, says an Economic Times report today.

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Air India A319 diverts to Nawabshah Airport due hydraulic failure

“India’s and Pakistan’s media falsely report the failure of all three hydraulic systems” Air India A319

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12 Kingfisher flights cancelled as pilots' strike continues

12 Kingfisher flights cancelled as pilots' strike continues | Indian Skies | Scoop.it
At least 12 flights of Kingfisher Airlines were cancelled today as pilots, who fly its short-haul ATR planes, continued their strike for the second day protesting non-payment of salaries...
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SBI says it is not for winding up of Kingfisher

SBI says it is not for winding up of Kingfisher | Indian Skies | Scoop.it

"SBI, the lead lender to Kingfisher Airlines, today said it is not for shutting down of the cash-strapped carrier but the lenders needed to take measures to recover loans given to...

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DGCA chief sacked: Is air safety being compromised?

DGCA chief sacked: Is air safety being compromised? | Indian Skies | Scoop.it
The letter accessed by CNN-IBN reveals that the Vijay Mallya-owned airline had been served a notice of 15 days to pay the salaries and dues of its employees.
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Snake scare at Ranchi airport terminal

RANCHI: Remember the scene of horrified passengers in 2006 Hollywood thriller " Snakes on a Plane". In a virtual replay of reel life in real life, passengers were horrified when snakes appeared in...
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SpiceJet is open to strategic tie-ups, says CEO

SpiceJet is open to strategic tie-ups, says CEO | Indian Skies | Scoop.it
Low fare carrier SpiceJet says it has previously had discussion with potential investors and the company will proceed with discussions once the foreign direct investment (FDI)proposal is okayed by the government.
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No role in Bharat Bhushan's exit as DGCA, says Kingfisher Airlines

No role in Bharat Bhushan's exit as DGCA, says Kingfisher Airlines | Indian Skies | Scoop.it
A day after the Aviation Ministry unceremoniously removed Bharat Bhushan. KFA today said that it had nothing to with his exit.
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HDFC to value non-core assets of Kingfisher Airlines

HDFC to value non-core assets of Kingfisher Airlines | Indian Skies | Scoop.it

Mortgage lender HDFC will find a buyer for the debt-laden Kingfisher Airlines’ non-core assets — Kingfisher House in Mumbai and the promoters’ villa in Goa.

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