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Kingfisher Airlines | November 25, 2016
Tata Motors and Kingfisher Airlines owe over Rs 1,000 crore in taxes to the government, Parliament was informed on Friday. “Four companies – Tata Motors, Kingfisher Airlines, Karnataka Industrial Area Development Board, Karnataka Housing Board – have over Rs 1,000 crore pending indirect taxes,” Minister of State for Finance Santosh Kumar Gangwar said in a written reply here....
Kingfisher Airlines | November 18, 2016
In a major blow to liquor baron Vijay Mallya, the Karnataka High Court on Friday ordered winding up of Kingfisher Airlines Limited (KFL) for recovering US $6 million due to a UK-based company, which was supplying rotable aircraft components to the airline....
Kingfisher Airlines | November 16, 2016
Around Rs. 1,200 crore in dues owed by Vijay Mallya's collapsed Kingfisher Airlines has been labelled a write-off in the books of India's largest bank, the State Bank of India. The bank said the Kingfisher loan has been moved, along with other bad loans, to a category called AUCA or "Advance Under Collection Accounts", which allows them to take the bad debt off their books while keeping alive the option of pursuing its recovery....
Simple Flying | January 17, 2020
Canadian operator WestJet is planning a new transatlantic service. The Boeing 737 operated flight would be used to connect Canada’s Halifax to Manchester in the United Kingdom. The seasonal flight is set to operate over the 2020 summer period. WestJet is launching its third route from Halifax to the United Kingdom this summer. Accompanying its existing routes to London and Glasgow, the new connection will be operated by a Boeing 737 aircraft. Launching in June, the route will remain in ope...
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