Grounded Indian carrier Kingfisher Airlines, which is hoping to tap Etihad Airways as an investor, has failed to present regulators with a clear funding plan under a proposal to get it flying again, the country's aviation minister said on We
UAE carrier Etihad Airways, seeking to widen operations in India and other Asian markets, is in the final stages of talks to buy part of either Jet Airways or grounded rival Kingfisher Airlines, an Indian government official said.
Etihad Airways, the national airline of the UAE, is close to buying a 48 percent stake in debt-ridden Indian carrier Kingfisher Airlines for a little over 30 billion rupees ($550.3 million), a report said.
A formal announcement of
Two major Gulf carriers said they have no interest in taking a stake in struggling Indian carrier Kingfisher Airlines, which is grappling with a pile of debt and on the hunt for fresh equity.
Abu Dhabi's state-owned Etihad Airways and
British Airways (BA) is sponsoring Indian airline Kingfisher’s membership of Oneworld, a major global airline alliance, next month as part of BA’s plans to strengthen its Asian network.
BA has just completed a thorough review of Kingfisher
A defiant Kingfisher Airlines chairman, Vijay Mallya, sought to assuage worries about the future of his airline but offered few new concrete measures for reviving the Indian carrier's finances after its quarterly loss had doubled.
India's Kingfisher Airlines is planning to start flights to Dubai from New Delhi and Mumbai next month (April).
The airline recently launched daily direct flight to London from New Delhi, India's capital, and announced plans to add seven m
India's top private carrier, Jet Airways and Kingfisher Airlines are eyeing the stake held by Emirates in SriLankan Airlines, a report said.
Emirates, the largest Arab airline, said earlier this month it was interested in selling its 43.6