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Tag: KFA Revival Plan

Kingfisher ready to fly, submits interim revival plan

Dec. 26 Business, India News Comments Off

Seeking to revoke its suspended flying licence after being grounded fro three months, beleaguered Kingfisher Airlines today submitted its interim revival plan to aviation regulator DGCA just ahead of expiry of its validity on 31 December.

Moreover, DGCA is on examination of KFA financial and operational plan submitted by CEO Sanjay Aggarwal and still no response has given by the regulator. If in favor of airline, it would expect to benefit airline another six-eight weeks to restart operations. Read more

Tags: business, DGCA, Featured, India News, KFA, KFA Revival Plan, Kingfisher Airline, Kingfisher Crisis, Licence Renewal, NTN, Standard Operating Permit, United Breweries Group, Vijay Mallya

Kingfisher: Strike call off, now to up with revival plan

Oct. 26 Business, India News Comments Off

Kingfisher Airline which was going to shut down with its huge tremendous never ended troubles, now relief as its agitated staff including engineers, technicians and pilots have called off a long 26-day strike with promise to resume their work immediately.

The move came on the acceptance of Airline management of payment of three months overdue salary before Diwali to its staff by December resulting an immediate lifting 25-day lock-out and with biggest win, KFA management have discussed revival plans with DGCA . Read more