Kingfisher Airlines to raise $100 mnAugust 31st, 2009 NEW DELHI - Vijay Mallya-owned Kingfisher Airlines Monday said it planned to raise $100 million (about Rs.500 crore) in Global Depository Receipts (GDRs). In a regulatory statement to the Bombay Stock Exchange (BSE), it said the funds would be raised subject to shareholders' approval.
Number of air passengers dips in January-JulyAugust 12th, 2009 NEW DELHI - The number of air passengers dipped 4.9 percent to 2.48 crore during January-July this year as compared to 2.6 crore in the like period last year, official data released here Wednesday said. Private carrier Jet Airways and its low-cost carrier JetLite, with 26.3 percent market share, carried most number of passengers during the period.
Kingfisher posts Rs.1,608 crore lossAugust 5th, 2009 NEW DELHI - Private carrier Kingfisher Airlines has reported a net loss of Rs.1,608.09 crore ($338.5 million) for 2008-09, but said it has plans to raise Rs.500 crore from the equity market. The airline's expenses on employees cost stood at Rs.823.85 crore last fiscal, while expenses on aviation fuel and aircraft lease rental were respectively at Rs.2,602 crore and Rs.1,185.13 crore, Kingfisher said in a regulatory statement Wednesday.
Borrowers owe Punjab government over Rs.26 bnJuly 30th, 2009 CHANDIGARH - Scores of borrowers owe over Rs. 26.16 billion (Rs.2,616 crore) to the Punjab Financial Corporation (PFC), an agency of the Punjab government.
BGR Energy Systems net profit up 17 percentJuly 25th, 2009 CHENNAI - City-based engineering and infrastructure firm BGR Energy Systems has posted a net profit of Rs.20.23 crore for the quarter ended June 30 as against Rs.17.23 crore reported in the like period last year, a growth of 17 percent. The company's turnover during the period stood at Rs.311 crore as compared to Rs.306 crore in the April-June quarter last fiscal, BGR said in a statement.
One crore Indians opt for air travel in April-JuneJuly 13th, 2009 NEW DELHI - Over a crore passengers travelled by air in the domestic sector in the April-June quarter, an increase of about 11 lakh compared to the previous quarter, according to official data released Monday. About 1.09 crore passengers flew in April-June, up from 98.22 lakh in January-March, data released by the Director General of Civil Aviation showed.
Kingfisher set to expand international networkJuly 11th, 2009 NEW DELHI - India's private carrier Kingfisher Airlines is planning to launch flights on eight international routes this year, it said Saturday. We have planned a roadmap for the next phase of international routes.
Jet, Kingfisher increase fares by Rs.400June 17th, 2009 NEW DELHI - Air travel on Jet Airways and Kingfisher Airlines has become costlier, with both carriers Wednesday increasing fuel surcharge on tickets by Rs.400 on all domestic sectors. Attributing the decision to an increase in aviation fuel prices, Jet said the fuel surcharge would be applicable on all Jet Airways, Jet Airways Konnect and JetLite flights from Wednesday.
Flights take off from new domestic terminal at DelhiApril 19th, 2009 NEW DELHI - A sleek new domestic departure terminal of the Indira Gandhi International Airport became operational Sunday, replacing a decades-old cramped terminal that was synonymous with disorder and lacked basic facilities for a modern traveller. A spokesperson of airport developer Delhi International Airport Ltd (DIAL), a GMR-led consortium, told IANS: 'The first Indigo flight for Guwahati took off at 5.30 a.m.
New terminal at Delhi airport becomes operationalApril 19th, 2009 NEW DELHI - The new domestic departure terminal of the Indira Gandhi International airport became operational here Sunday with an Indigo flight taking off for Guwahati early in the morning. A spokesperson of airport developer Delhi International Airport Ltd (DIAL), a GMR-led consortium, told IANS: 'The first Indigo flight for Guwahati took off at 5.30 a.m.
Kingfisher Airlines hikes faresApril 18th, 2009 NEW DELHI - Kingfisher Airlines Saturday raised fuel surcharges by up to Rs.300 following successive rises in jet fuel prices. 'Consequent upon successive increases in ATF (aviation turbine fuel) prices, from midnight today (Saturday), the fuel surcharges of Kingfisher Airlines stands increased by Rs.200 for sectors below 750 km and by Rs.300 for sectors above 750 km,' a company statement said.
Kingfisher, Indigo to shift to new terminal from SundayApril 17th, 2009 NEW DELHI - Kingfisher Airlines, its low-cost carrier Kingfisher Red and Indigo Airlines will operate from the new domestic terminal (1D) at the Indira Gandhi International Airport here from April 19, the airport developer announced Friday. Jet Airways and its low-cost carrier JetLite, as well as SpiceJet will begin operating from the new terminal later this month.
Delhi's new terminal to start operations April 19April 14th, 2009 NEW DELHI - The new domestic terminal at the Indira Gandhi International Airport will start commercial operations April 19, it was announced Tuesday. Built at a cost of Rs.500 crore ($100 million), the terminal will be able to handle 10 million passengers annually and is equipped with 72 check-in counters, its developers said.
Cash crunch hits non-metro airport upgrade plansJanuary 17th, 2009 NEW DELHI - Short of funds and fearing revenue losses, India's airport operator has shelved plans to upgrade the 35 non-metro airports at the same time, and target only a few big ones among them, a government official has said. 'We are now targeting 10-12 major non-metro airports to meet the deadline,' an Airports Authority of India (AAI) official said.
Kingfisher to launch Mumbai-London flight MondayJanuary 3rd, 2009 NEW DELHI - Vijay Mallya-led Kingfisher Airlines will launch its daily non-stop Mumbai-London flight from Monday. 'We will launch our first flight from Mumbai to London tomorrow (Monday),' a Kingfisher spokesperson said Sunday.
Loading ...