Tag: KFA

KFA Asset crisis: Lenders start USL shares sales, Mallya files suit

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

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

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