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Tag Archive for 'kingfisher'

No Relaxation Package For Kingfisher Airlines: Aviation Minister

Today Civil Aviation Minister, Ajit Singh said to the journalists that, “Kingfisher Airlines is not going to get the bailout package right now. Kingfisher Airlines has presented their business plan to the nationalized banks and the banks will decide whether to issue loan to the Airlines.” The operations of the Kingfisher Airlines were disrupted today […]


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Indian Govt. Wants Foreign Air Carriers To Invest In Indian Airline Sector

A Kingfisher Airlines carrier

Government is finally planning to allow major international airlines to invest in Indian carriers. It had made changes to many earlier rules to avoid foreign investment in Indian airlines. However, many foreign airlines are not ready to invest as the Indian aviation market is making a loss. When a few airlines like Qatar Airways and […]


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Kingfisher Stock Down By 11% – King Of Bad Times?

The largest lenders of the country, SBI and ICICI Bank saw a downfall of their share value on predominant concerns about rising assets due to the exposure to airline companies. The chairman of SBI, Mr Pratip Chaudhuri, declared that Kingfisher Airlines, being the Non-performing asset to SBI, is in default. Kingfisher has been finding it […]


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