On ground, Share of cash-strapped Kingfisher Airline’s parent United Spirits has started selling by the 17-lender consortium led by State Bank of India (SBI). Read more
Tag: KFA
United Breweries seeks to lend more to Kingfisher, stock gains
Shares of ailing Kingfisher Airline gained just after its parent United Breweries Holdings Ltd. has announced to provide additional loans of Rs.450 crore to grounded airline, reports said. Read more
Kingfisher loses Rs 755 crore as planes sit idle
Debt-ridden Kingfisher Airlines has reported a net loss of Rs. 755.17 crore in its the third quarter ended December 31, 2012, following a complete grounded row after losing flying license. Read more
Kingfisher gets NOC from Oil Companies
Seeming a little bit hope for debt laden Kingfisher Airlines as Oil companies has been given a “no objection certificate” to it and some aircraft leasing companies to restart operations, according to a source report. Read more
