PILOTS MOVING TO LABOUR COURT :: KINGFISHER

Today one of the famous media reported that the Pilots of the Kingfisher Airlines are moves to labour court for not getting the salary dues.

Till now they Kingfisher paid about 75% till February only. This lead the pilots to strike and there by Labour court. But as per Kingfisher spokesmen "All our scheduled flights will now be operating normally with immediate effect (July 15)".

Source: http://ibnlive.in.com

XMAS - NEW YEAR OFFER BY KINGFISHER

             CELEBRATE XMAS AND NEW YEAR IN A DIFFERENT CITY BY KINGFISHER.

Kingfisher Airlines has various travel plans related to XMAS AND NEWYEAR. They are offering the travel plans to different states of India itself.

They have travel plan to:

                                                            Mumbai -     Goa

                                                            Mumbai -      Kochi

                                                            Delhi         -      Amritsar 

                                                            Delhi         -      Udaipur.

 The fares are between 7000/- to 4000/-.

 For more information visit the site of Kingfisher Airlines http://www.flykingfisher.com/

Kingfisher Airlines Financial Problems : Vijay Mallya's Comments

Vijay Mallya's Comments about various topics related to the Financial Problems of                              

                                                          Kingfisher Airlines.

VIJAY MALLYA

VIJAY MALLYA'S COMMENT  - FDI IN AVIATION

"I am an avid supporter of FDI (foreign direct investment)," "I don't see any reason why FDI from strategic partners like an airline should be banned or not permitted. Who would understand an airline better than 

another airline? I hope government will consider it seriously."

"A general investor who has the opportunity in investing in other sectorsmay not care to look at an airline. We need equity to improve the position of balance sheets, not just Kingfisher but the entire industry,". 

VIJAY MALLYA'S COMMENT - GOVT BAIL OUT

"We have not asked for any bailout from government," said Mallya.

"We have not asked the government to dip into the taxpayers' money. We have never done it, we will never do it."

“It is highly taxed and restrictive for investments and this is affecting viability of the industry. The industry is in serious trouble and we are not worse off than anyone else and are better off than several others but the government should address these systemic issues.” 

VIJAY MALLYA'S COMMENT -   FUNDS

"We require Rs 700-800 crore, which includes both fund and non-fund based. We have pursued every opportunity to raise capital,"

"We have not asked for a concession (from banks)," Mallya said. 

"We have not asked for a haircut. Our demands with the banks are mainly two-folds.One is to meet short-term capital needs which have gone up and concession on interest."

VIJAY MALLYA'S COMMENT - IMPORTING OF FLIGHT FUEL

"This is something that needs serious attention of our state governments and our central government.The industry needs this issue to be addressed immediately," 

Vijay Mallaya said his company has "applied officially to the ministry of commerce for direct import of fuel"

"If we import fuel directly for our own use we become an actual user, and therefore, we don't pay sales tax,"

VIJAY MALLYA'S COMMENT - INTERNATIONAL EXPANSION PLANS

“There is no need for international expansion as we plan to join the One-World Alliance next quarter where members including Cathay Pacific, American Airlines and British Airways use partners' routes to shore up networks. However, we are going to improve utilisation on our A-320 and A-321 by flying to neighbouring countries and within India.” 

Daily Direct Flight to Colombo

Daily Direct Flight to Colombo by Kingfisher Airlines

Kingfisher Airlines  announced daily flights to Colombo from 30th September 2011, onward. These direct daily flights from Thiruvananthapuram, Tiruchirapalli and Kochi to Colombo.Kingfisher Airlines already has direct flights from Chennai to Colombo.The Airlines offer the direct flight as an addition to the existing flights. Members of King Club will earn double King Miles on bookings done on or before 30th Dec, 2011.

Colombo City 

Colombo-Commercial Capital of Sri Lanka

Colombo - Commercial capital of Sri Lanka is a metropolitan city and with a population of nearly one million. Among the many places of interest in the City are the Fort, the Old Parliament House (presently the Presidential Secretariat), Buddhist temples, Old Churches, Hindu temples, Mosques, the National Museum, Independence Hall, Bandaranaike Memorial International Conference Hall and the Zoological Gardens. Five Star International chain hotels and a large number of other hotels and guest houses provide comfortable accommodation to the visitors at affordable prices. Several specialty restaurants serving international cuisine, karaoke bars, and discotheques keep the visitors happy late into the night.

Bandaranaike International Airport is located 35 km. north of Colombo. The drive from the airport to the City takes less than an hour and comfortable taxis moderately priced are available at the airport. Public transport either by road or by rail is also available at regular intervals.