The license of Kingfisher was issued on August 26, 2003, and is valid till December 31 of this year.
Kingfisher on Monday offered its striking employees staggered payment of three months' salary dues before Diwali in mid-November in a bid to get them back to work but a section of employees rejected the offer prolonging the 23-day impasse.
Lenders to Kingfisher Airlines, whose combined exposure of nearly Rs 7,500 crore is at risk, have said they will go in for recovery measures only as the last resort and expressed hope that its promoters will be able to find an investor and resume operations.
Management claims that the talks are moving in the right direction.
Private airlines Jet Airways and Kingfisher owe state-owned oil firms over Rs 1,774 crore (Rs 17.74 billion) in unpaid jet fuel bills, Minister of State for Petroleum and Natural Gas Jitin Prasada said on Thursday.
Spelling fresh trouble for Kingfisher Airlines, aviation regulator DGCA is likely to issue a show-cause notice asking why its flying license should not be suspended or cancelled.
The airline on Thursday night extended its partial lockout till October 12 as talks between its management and employees failed to break the deadlock over non-payment of salaries for the last seven months.
The flights include Mumbai-Chennai, Mumbai-Mangalore and Mumbai-Khajuraho.
The message was given to the airline's CEO, Sanjay Aggarwal, at a meeting here on Wednesay.
The airline needs at least Rs 1,000 crore to fly again.
While 22 flights of the airline were cancelled from Delhi, nine were cancelled from Mumbai, sources said.
The company's meeting with the striking employees failed to resolve the deadlock over unpaid salaries.
Beleaguered Kingfisher Airlines on Monday virtually blamed the Income Tax authorities for the large-scale flight disruptions, saying freezing of its bank accounts by them had "severely affected" payment schedules that had led to the curtailment in its services.
The controversy over a DGCA note on beleaguered Kingfisher Airlines refused to die down with new DGCA chief Prashant Sukul saying there was no such document and his predecessor E K Bharat Bhushan seeking a probe into whether it was removed from the official file.
The Centre has ordered a probe into how a crude bomb found its way into the cargo hold of a Kingfisher flight in a "major breach of security", Civil Aviation Minister Praful Patel said on Tuesday.
A section of pilots of Kingfisher Airlines on Tuesday went on a strike over non-payment of salary and other dues for the past five months, forcing cancellation of five flights.
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Kingfisher Airlines Chairman Vijay Mallya has blamed almost everyone, including engine suppliers, employees, banks and tax authorities, for grounding of the carrier since October last year.
Air India and Jet would, however, operate their flights to the US and Canada by taking a diversion, sources in the airlines said.
Kingfisher Airlines, India's first full service low-cost carrier, will induct 11 new Airbus A320 aircraft to its fleet by January 2006, its chairman and managing director Vijay Mallya said on Wednesday.
About 200 engineers reported sick in April protesting delay in salaries.
These pilots have completed their probation and all endorsements, but the company has decided not to renew their service contracts in view of the huge losses and capacity reduction.
Jet Airways, Kingfisher Airlines and state-owned NACIL owe public sector oil companies over Rs 2,241 crore (Rs 22.41 billion) as payment for jet fuel, Minister of State for Petroleum and Natural Gas Dinsha Patel said on Tuesday.
A British socialite who was accused of indulging in obscene acts while being drunk during a Bangalore-London Kingfisher flight on March 2006, has been acquitted.
As the competition between new airlines to attract passengers becomes increasingly cut-throat, damage caused to a plane by a toppled step-ladder has become the bone of contention between the two carriers.
Seeking permission for direct import of jet fuel, Kingfisher Airlines has informed the government that steps are being taken to improve cash flow of the debt-ridden carrier by procuring ATF through suppliers' credit on lower interest rates.
The plane will take off from Bangalore airport at 8.30 am and land at Hubli airport at 9.30 am.
Amid speculation about Air Sahara selling its equity to raise funds for its expansion plans, liquor baron and owner of Kingfisher Airline Vijay Mallya
IndiGo and Paramount Airways managed to register profit during the last fiscal.
In a dramatic turn of events in May 2019, an Emirates aircraft en-route to Dubai was asked to stop while it was taxiing for a take off in Mumbai. The pilot was given no reason and ordered to immediately return to the parking bay. As the aircraft returned to the terminal, two passengers from the first class - Naresh Goyal and his wife Anita - were offloaded by the immigration authorities, who said the duo cannot leave the country. Goyal, founder of Jet Airways, was stunned. The man, who ruled the aviation sector for two and a half decades with an iron hand, did not expect to be offloaded in this fashion.
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Kingfisher Airlines, the two-year-old private airline promoted by liquor conglomerate UB, has decided to replace its pilots' gross salaries with a two-part pay structure based on the number of hours they fly.
Goa Airport spokesman said the A320 landed at 8.10 am after the pilot noticed the crack.
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The UB Group on Tuesday said that chief operating officer and president of Kingfisher Airlines, Alex Wilcox had not resigned, and he has been given "reasonable time" to resolve some personal matters.
The CBI has launched an initial probe over the loan against both companies, a spokeswoman for the agency said on Saturday.
