Owned by billionaire Vijay Mallya, Kingfisher Airlines has seen its fortunes plummet in recent years.
Forbes billionaire Vijay Mallya seems to be silently watching his beloved Kingfisher Airlines erode into dust.
FORBES: As Kingfisher Erodes, IndiGo Becomes India's Top Airline
MUMBAI Efforts by Indian liquor-industry billionaire Vijay Mallya to keep his Kingfisher Airlines Ltd.
WSJ: India's Kingfisher Airlines Comes Under More Pressure From Banks
Kingfisher Airlines--controlled by liquor and beer mogul Vijay Mallya--has been the worst hit.
Mr Mallya announced that he was in talks to sell a stake in his debt-laden Kingfisher Airlines.
Some of the 18 lenders meeting next week hold a 23.4 per cent stake in Kingfisher Airlines.
Forbes billionaire Vijay Mallya, the owner of struggling and grounded Kingfisher Airlines cannot cut a break.
FORBES: Lenders 'Not Impressed' With Indian Billionaire's Dying Kingfisher Airline
India's Kingfisher Airlines was the last new customer for the A380 in 2005.
But surely Kingfisher Airlines is on the cusp of going out of business.
Among the pilots being approached by AirAsia are several Kingfisher Airlines Ltd.
Among the pilots being approached by AirAsia include several Kingfisher Airlines Ltd.
The next headlines on Kingfisher may finally read Kingfisher Airlines Files For Bankruptcy.
In late 2012, rumors spread that Etihad was courting both Jet and Kingfisher Airlines, owned by Indian ex-billionaire Vijay Mallya.
FORBES: Etihad Airways First To Take Advantage Of India's Newly Opened Airline Market
India's embattled Kingfisher Airlines has submitted a fresh revival plan to aviation authorities as it seeks permission to restart operations.
It will also be a huge employment boost to trained crew in India, especially from grounded Kingfisher Airlines Ltd.
The fresh funding is good news for the airline whose shares--like those of rivals--Jet Airways (India) Ltd. and Kingfisher Airlines Ltd.
Kingfisher Airlines started to sink into a financial crisis early this year, aided by striking workers looking for salary payments in arrears.
FORBES: As Kingfisher Erodes, IndiGo Becomes India's Top Airline
The Kingfisher Airlines death watch continues hear at Forbes in New York.
FORBES: Billionaire's Kingfisher Airlines Loses Supreme Court Plea; Can't Pay Workers
Kingfisher Airlines is so broke it cannot pay its gorgeous cabin crew, for instance, and Air India is also manifestly in deep distress.
Indian aviation regulators on Tuesday agreed to allow aircraft leasing companies to retrieve more than a dozen jets once used by grounded Kingfisher Airlines Ltd.
India's Ministry of Civil Aviation has decided to withdraw international flying rights and domestic slots from Kingfisher Airlines, in a fresh blow to the debt-laden firm.
India's Kingfisher Airlines has told the aviation regulator that it will pay staff salaries, held up for the last six months, in the next few days.
Indian billionaire Vijay Mallya has failed to convince employees of the grounded Kingfisher Airlines to hold out and strike a deal to revive the company.
FORBES: Forced Bankruptcy A Possibility For Mallya's Kingfisher Airlines
In a separate development in the industry, shares in the loss-making Kingfisher Airlines rose 5% after its owner, UB Group, agreed to increase a loan to the carrier.
Kingfisher Airlines inched another step closer to bankruptcy this week.
FORBES: Billionaire's Kingfisher Airlines Loses Supreme Court Plea; Can't Pay Workers
Kingfisher Airlines has been in default for over a year.
FORBES: Billionaire's Kingfisher Airlines Loses Supreme Court Plea; Can't Pay Workers
On his Twitter account, Kingfisher Airlines owner and Forbes billionaire Vijay Mallya said last week that the local media was bashing him and that he would save his airline.
FORBES: Kingfisher Airlines Crisis Leads To A Suicide-Report
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