Kingfisher Red

CNBC-TV18’s Swati Khandelwal Jain takes a look at the turbulence that was 2011 for Indian airlines.

Jet and Kingfisher's return flight

Kingfisher and Jet Airways are betting on two different strategies to come out of the deep financial mess they have found themselves in

Kingfisher to shut sales offices, aims to save Rs 150 cr

Cash-strapped Kingfisher Airlines (KFA) is gradually shuttering sales offices across cities, following a 30% cut in its domestic flights. The move is expected to save the airline around Rs 150 crore.

Good times not over; issues behind us: Kingfisher Airlines

Sanjay Aggarwal, chief executive officer of Kingfisher Airlines joins CNBC-TV18’s Swati Khandelwal Jain to clear the air and to find out what’s causing this turbulence within the king of good times.

Kingfisher not shutting down, no layoffs: Vijay Mallya

Putting up a brave front, Vijay Mallya on Tuesday said he has never asked government for any bailout or to pay from the tax payers money.

Operating cost of low-cost carrier competitive: Kingfisher

Kingfisher Airlines (KFA) today justified its plans to close down its low-cost carrier in four months saying the operating costs involved were the same as in a full-service carrier and the revenues lesser.

The week that was: Market survives corporate, govt storm

It was a bad week for both, corporates and the government, but the Indian equity benchmark indices were relatively flat throughout the storm. It was the draft Mining Bill on Friday that caused us to end the week on sad note.

Kingfisher got Mallya's guarantee for Rs 6,176 cr

Working hard to lower its debt and interest costs, Kingfisher Airlines got guarantees worth over Rs 6,100 crore from Chairman and key promoter Vijay Mallya last fiscal toward loan and other liabilities.

What went wrong with Kingfisher Red?

Frankly, it was a hassle-free decision for Vijay Mallya to completely suspend services on his budget carrier Kingfisher Red formerly known as Air Deccan which he took over from his freind-cum-neighbour Captain Gopinath in 2007, says one of his close confidantes.

Kingfisher Air to exit low cost business

India's Kingfisher Airlines plans to exit its low cost business and focus on the premium model, Chairman Vijay Mallya said, in what will be a marked shift in an industry where most carriers are betting on the low-cost space.

Moneycontrol Excl: Kingfisher may hive off low cost arm

UB group-promoted Kingfisher Airlines is looking to hive off its low-cost arm Kingfisher Red into a separate entity, an official familiar with the development told moneycontrol.com.