Kingfisher Airlines post major losses
Indian airline company Kingfisher Airlines has come out with their latest revenue report.
The company stated that its net income rose to Rs 1,447 crore in the third quarter of this fiscal.
This figure is up from Rs 1,353 crore in the same quarter in the previous year.
The company however posted [...]
Vijaya Mallya to run for Rajya Sabha from Kashmir
Liquor industry giant Vijaya Mallya has announced that he would contest Rajya Sabha polls from Kashmir as an independent candidate supported by the National Conference.
He has also promised to take steps to promote tourism in the state which is now headed by Omar Abdullah as the [...]
Kingfisher Airlines to cut fares this New Year
India’s leading private airline company Kingfisher Airlines has announced that they would be cutting their fares from January 1.
The cost of aviation fuel has gone down significantly in the recent times and it enables the airline operators to cut the prices of their tickets.
Kingfisher Airlines Chairman Vijay Mallya [...]
IndiGo is the third largest airline company in India!
Kingfisher Airlines has been overtaken by IndiGo Airlines which has now become the third largest airline company in India.
It is also now the largest low cost carrier in India overtaking Kingfisher Red.
Latest market sources states that IndiGo has now taken a market share of [...]
Vijay Mallya: Job cuts if the slump continues
Kingfisher Airlines head Vijay Mallya has said in a statement that the industry could see more job cuts in the future if the slump in the Indian aviation industry continues.
He said: “If the slump in the market continues then the number of flights will have to go down…. [...]
Vijay Mallya: No job cuts in Kingfisher Airlines for the time being
Kingfisher Airlines is collaborating with Jet Airways to cut costs and streamline their operations.
Jet Airways has announced a job cut as they aim to cut costs as the industry is struggling to make profits.
Kingfisher Airlines chairman Vijay Mallya has now said in a statement [...]
Kingfisher Airlines aims to go global in August
UB Group chairman Vijay Mallya has said that they are working on launching their international flights starting august this year.
He is the man behind Kingfisher Airlines which is now merging with Air Deccan.
The deal allows Kingfisher Airlines to fly abroad using Air Deccan’s entitlements.
Mallya said that they are [...]
Kingfisher: Deccan brand set to be history
Vijay Mallya, chairman of Kingfisher Airlines has said that the Deccan brand would soon become history as after the merger, Kingfisher would remain the name of the merged company.
He said in a statement: “Deccan will cease to exist because, after the merger, there will be only one company and [...]
VJM-01 is the name of the 2008 Force India car
Force India has announced that they are naming their 2008 car VJM-01 in honor of the team boss Vijay Mallya.
The car would be driven by Giancarlo Fisichella and Adrian Sutil in the Formula-1 season later this year.
Team boss Colin Kolles said in a statement that the [...]
Force India to launch their Formula-1 car in Mumbai
Force India has announced that they would be launching their 2008 Formula One car in Mumbai next month.
The car would be powered with an engine supplied by Ferrari. It is unlikely that they would have demonstration laps in the Indian city.
The first test of the car is [...]
