Aviation News

January 23, 2013

Kingfisher Must Win Bankers’ Permission To Fly Again, Minister Says

More articles by »
Written by: AFP
Tags: , ,



India says Kingfisher must get bankers’ permission to fly (via AFP)

India’s aviation minister warned grounded airline Kingfisher Tuesday that the debt-laden carrier will need to get clearance from its bankers to fly again. The airline, which analysts estimate owes $2.5 billion to employees, banks, airports, back taxes and other items, has been grounded since October…




About the Author

AFP





 
 

 

Meet the Doogie Howser M.D. of the Airline Industry

Aditya Palnitkar is an incredibly accomplished young man. Not only is he a world traveller who speaks several languages, he is also an author and businessman.
by Eric Auxier
2

 
 
Air India's first Boeing 787-8 Dreamliner, VT-ANH, seen in March 2012. (Photo by Andrew W. Sieber via Flickr, CC BY-NC)

India Entitled to ‘Reimbursement’ Over Dreamliners, Minister Says

India's aviation minister said Thursday ailing Air India should be entitled to "reimbursement" from US giant Boeing.
by AFP
0

 

 
A SpiceJet Boeing 737-900ER (VT-SGD) seen taking off. (Photo by Nisarg Vyas via wikimedia)

India’s SpiceJet Shares Jump On Stake Sale Talk

Shares of Indian budget airline SpiceJet rose nearly 5% Tuesday as the carrier said foreign carriers had expressed acquisition interest.
by AFP
0

 
 
Tail section of a Dassault Rafale jet. (Photo by Georges Seguin via wikimedia, CC-BY-SA)

India Says French Rafale Jets Contract Being Fine-Tuned

India is fine-tuning a contract to buy 126 French-made Rafale fighter jets, Foreign Minister Salman Khurshid said on Thursday.
by AFP
0

 
 
A Kingfisher Airlines Airbus A320 (VT-KEG) taxis at Bangalore. (Photo by marirs via wikipedia, CC-BY-SA)

India’s Kingfisher Revival Plan ‘Unconvincing’

A plan proposed by troubled Kingfisher Airlines is not enough to get it back in the skies, an aviation ministry official said on Friday.
by AFP
0