Kingfisher Airlines Suspended

Dismissing beleaguered businessman Vijay Mallya's claim that he is unable to travel back as his passport has been suspended by the Indian authorities, the government on Thursday said any citizen can approach the nearest Indian Embassy or High Commission and apply for an Emergency Certificate to return to the country.

The government's move to suspend embattled tycoon Vijay Mallya's diplomatic passport made headlines in Mumbai and New Delhi on Friday but it was business as usual for his Force India Formula One team in China.

The exchanges, in November, had suspended trading in shares of these two Vijay Mallya-led UB Group companies.

Vijay Mallya-promoted Kingfisher Airlines shares were grounded earlier this week, more than two years after the carrier was met the same fate. The entire promoter shareholding (8.54 per cent) of Kingfisher Airliens has also been frozen. If you did not sell your shares in the company, hoping for a revival, read on.

Kingfisher's scrip tumbled 4.64 per cent to Rs 1.85 -- its lowest trading permissible limit for the day -- at the BSE.

In a major clampdown for non-compliance of listing agreement, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Friday announced suspension of trading in shares of Kingfisher Airlines and another group firm, UB Engineering, from next month.

Beleaguered Kingfisher Airlines is looking to renew its airline operation permit, its CEO Sanjay Aggarwal told the civil aviation secretary and regulator director general of civil aviation (DGCA) in a meeting on Thursday, sources told NDTV Profit. Kingfishers licence has been suspended since December 31 last year after the airline failed to come up...

This was Mr Agarwal's first meeting with the regulator after the airline's flying permit expired on December 31. The DGCA had suspended the airline's licence to fly in October after months of cancelled flights and staff walkouts.

The licence was suspended on October 20 after a strike by the airline's pilots and engineers in September-end over non-payment of salaries for several months, grounding the airlines entire fleet.

Kingfisher Airlines, which has been grounded since October, is set to lose its flying licence on Monday. Aviation regulator, the Directorate General of Civil Aviation, had suspended Kingfisher's licence to fly in October after months of cancelled flights and staff walkouts.

The regulator had suspended the flying licence of the carrier in October after the airline was forced to ground its fleet following protests from engineers and pilots over non-payment of salaries.

The DGCA had suspended Kingfisher's SOP on October 19 till further orders after a lockout and its failure to come up with a viable plan of financial and operational revival.

Overseas investors, high-networth individuals, and small investors are buying shares in Kingfisher Airlines despite a question mark over the future of the cash-strapped carrier. Kingfisher Airlines licence was suspended last week.

A meeting between Kingfisher Airlines' employees and management in Mumbai today, aimed at finding a resolution to the impasse which has left the carrier unable to operate a single flight since 1 October, ended inconclusively. This was their first meeting after the Directorate General of Civil Aviation (DGCA) suspended the airline's flying licence o...

A meeting between Kingfisher Airlines' employees and management in Mumbai today, aimed at finding a resolution to the impasse which has left the carrier unable to operate a single flight since 1 October, ended inconclusively. This was their first meeting after the Directorate General of Civil Aviation (DGCA) suspended the airline's flying licence o...

Dismissing beleaguered businessman Vijay Mallya's claim that he is unable to travel back as his passport has been suspended by the Indian authorities, the government on Thursday said any citizen can approach the nearest Indian Embassy or High Commission and apply for an Emergency Certificate to return to the country.

The government's move to suspend embattled tycoon Vijay Mallya's diplomatic passport made headlines in Mumbai and New Delhi on Friday but it was business as usual for his Force India Formula One team in China.

The exchanges, in November, had suspended trading in shares of these two Vijay Mallya-led UB Group companies.

Vijay Mallya-promoted Kingfisher Airlines shares were grounded earlier this week, more than two years after the carrier was met the same fate. The entire promoter shareholding (8.54 per cent) of Kingfisher Airliens has also been frozen. If you did not sell your shares in the company, hoping for a revival, read on.

Kingfisher's scrip tumbled 4.64 per cent to Rs 1.85 -- its lowest trading permissible limit for the day -- at the BSE.

In a major clampdown for non-compliance of listing agreement, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Friday announced suspension of trading in shares of Kingfisher Airlines and another group firm, UB Engineering, from next month.

Beleaguered Kingfisher Airlines is looking to renew its airline operation permit, its CEO Sanjay Aggarwal told the civil aviation secretary and regulator director general of civil aviation (DGCA) in a meeting on Thursday, sources told NDTV Profit. Kingfishers licence has been suspended since December 31 last year after the airline failed to come up...

This was Mr Agarwal's first meeting with the regulator after the airline's flying permit expired on December 31. The DGCA had suspended the airline's licence to fly in October after months of cancelled flights and staff walkouts.

The licence was suspended on October 20 after a strike by the airline's pilots and engineers in September-end over non-payment of salaries for several months, grounding the airlines entire fleet.

Kingfisher Airlines, which has been grounded since October, is set to lose its flying licence on Monday. Aviation regulator, the Directorate General of Civil Aviation, had suspended Kingfisher's licence to fly in October after months of cancelled flights and staff walkouts.

The regulator had suspended the flying licence of the carrier in October after the airline was forced to ground its fleet following protests from engineers and pilots over non-payment of salaries.

The DGCA had suspended Kingfisher's SOP on October 19 till further orders after a lockout and its failure to come up with a viable plan of financial and operational revival.

Overseas investors, high-networth individuals, and small investors are buying shares in Kingfisher Airlines despite a question mark over the future of the cash-strapped carrier. Kingfisher Airlines licence was suspended last week.

A meeting between Kingfisher Airlines' employees and management in Mumbai today, aimed at finding a resolution to the impasse which has left the carrier unable to operate a single flight since 1 October, ended inconclusively. This was their first meeting after the Directorate General of Civil Aviation (DGCA) suspended the airline's flying licence o...

A meeting between Kingfisher Airlines' employees and management in Mumbai today, aimed at finding a resolution to the impasse which has left the carrier unable to operate a single flight since 1 October, ended inconclusively. This was their first meeting after the Directorate General of Civil Aviation (DGCA) suspended the airline's flying licence o...