The Delhi High court has directed Kingfisher Airlines to return all components leased out to it by Lufthansa Technik India following a petition by the latter that the carrier was using them even after it breached an obligation to make timely payments.
Kingfisher Airlines shares up as Air India faces pilot backlash
At the airport, there was a huge confusion at terminal IA for outgoing passengers of Air India. Anticipating troubles, many passengers had already made other arrangements while others were accommodated in other airlines. Sanjay Chauhan, a Gurgaon-based businessman said: “My evening flight to Chennai was cancelled, but I managed to get a seat in a [...]
The limited review of the first quarter results of Kingfisher Airlines has raised questions about the accounting standards being followed by the airline. The review report says that besides other irregularities, tax expense and employee cost were reported 27 per cent and 21 per cent less, respectively.
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Aviaxpert providing Ground Handling Services to Kingfisher Airlines at Delhi Airport
Kingfisher Airlines ended up 6% with a buildup of 52 lakh shares in open interest for the October series. IFCI ended down nearly 1.7% with a buildup of nearly 3 crore shares in open interest