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Kingfisher Airlines News
Jet Airways employees union wants govt intervention to avoid Kingfisher Airlines-like collapse
Thu, Apr 18, 2019
The officers and employees union of the grounded Jet Airways Thursday sought government intervention to avert a Kingfisher-like collapse of the carrier.
After Jet Airways bailout Vijay Mallya criticises public sector banks for "double standards"
Tue, Mar 26, 2019
In a series of tweets reacting to banks led by State Bank of India taking over management control of troubled Jet Airways, Mallya said,"...Only wish the same was done for Kingfisher". "Happy to see that PSU Banks have bailed out Jet Airways saving jobs, connectivity and enterprise," he said.
State of aviation: Domestic carriers owe Rs 2,448 cr dues to Airports Authority of India
Fri, Feb 08, 2019
SpiceJet's dues stood at Rs 105.71 crore against security deposit of Rs 124.22 crore, while that of GoAir was Rs 19.35 crore against security deposit of Rs 73.12 crore.
Vijay Mallya extradition: Blow by blow account of Kingfisher Airlines saga leading to big setback
Tue, Feb 05, 2019
UK Home Secretary Sajid Javid Monday ordered the extradition of Vijay Mallya to India who is wanted in India for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores. Following is the chronology of the case and its origin:
Vijay Mallya suffers big setback, UK Home Secretary Sajid Javid orders extradition to India
Mon, Feb 04, 2019
UK Home Secretary Sajid Javid on Monday ordered the extradition of Vijay Mallya to India, in a major blow to the embattled liquor baron.
Jet Airways plan to convert debt to equity, another Kingfisher redux?
Tue, Jan 29, 2019
The private carrier on January 1 defaulted in paying interest and instalments on loan repayments due to banks, following which rating agency ICRA downgraded both the short and long-term credit facilities of the airline.
Vijay Mallya's extradition: Check out the chronology of the case and its origin
Mon, Dec 10, 2018
A UK court Monday ordered the extradition of Vijay Mallya, wanted in India for alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.
Big setback for Vijay Mallya, now he will be deprived of this big luxury
Sat, Oct 20, 2018
A UK High Enforcement Officer is set to sell a fleet of Vijay Mallya's cars in the UK as part of efforts to recover loan repayment dues owed by the beleaguered liquor baron to a consortium of 13 Indian banks, the banks' legal representative confirmed on Friday.
Big blow for Vijay Mallya, now this thing has been sold off
Thu, Sep 20, 2018
On Wednesday, Two helicopters over Rs 8.5 crore of Vijay Mallya's defunct Kingfisher Airlines were auctioned, according to an official.
Vijay Mallya shocks, says met Arun Jaitley before leaving India
Wed, Sep 12, 2018
Belaguered business baron Vijay Mallya made startling claims that he had met Arun Jaitley for settlement of his case before leaving the country. Finance Minister has however, denied any meeting between him and Mallya.
Vijay Mallya to get same treatment as other prisoners: India to UK
Wed, Jul 19, 2017
Vijay Mallya, who is wanted in India for Kingfisher Airlines' default on loans worth nearly Rs 9,000 crore, has been in Britain since March, 2016.
Missing India? There's nothing to miss, says Vijay Mallya
Fri, Jul 14, 2017
Missing India, and pining for a pit lane he can visit only once a year? Not a bit of it, says embattled Formula One team owner Vijay Mallya.
Mallya: Enough evidence to prove my case; VK Singh: Necessary steps being taken to bring him back
Tue, Jun 13, 2017
The 61-year-old former chief of erstwhile Kingfisher airlines, who has been out on bail since his arrest in April, arrived for the hearing in Court Room 3 after a number of other extradition cases on schedule for the day.
ED confiscates Rs 100 crore farm house of Vijay Mallya in Maharashtra
Thu, May 18, 2017
The property, spread in 17 acres, was provisionally attached by the agency last year in September under the provisions of the Prevention of Money Laundering Act (PMLA).
UK's Crown Prosecution Service defers Vijay Mallya's extradition hearing to June 13
Sat, May 13, 2017
The UK's Crown Prosecution Service (CPS) on Friday said that the next hearing on extradition of Kingfisher Airlines owner Vijay Mallya has been deferred to June 13 this year.
Home Ministry to ensure Vijay Mallya's presence on July 10: SC
Wed, May 10, 2017
It said all the properties, whether movable or immovable, were governed by the orders of restraint by the high court.
SC holds Vijay Mallya guilty of not adhering to court's order
Wed, May 10, 2017
Supreme Court has held Vijay Mallya guilty of not adhering to the court's order.
Guilty of contempt on two counts, Supreme Court tells Vijay Mallya
Tue, May 09, 2017
On April 18, Mallya was arrested for just three hours by Scotland Yard in London and was granted bail by Westminster Court.
As Mallya's custody sought, India's extradition success rate is 36%
Tue, Apr 25, 2017
The highest extraditions happened from the UAE (18), followed by the US (9). While four each were extradited from Canada and Thailand, three have been extradited from Germany and South Africa.
Vijay Mallya gets bail: Here's what happens next
Tue, Apr 18, 2017
India cancelled Mallya's passport and applied for his extradition but the UK denied as Mallya was in possession of a valid UK visa.