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Kingfisher Airlines News
Kingfisher Airlines

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.
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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:
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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.
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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.
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