Neil Mills quits as SpiceJet CEO

Neil Mills, who steered SpiceJet as it became one of the top-three domestic airlines in the past three years, has quit as CEO of the low-cost carrier. Mills did not respond to calls and a company......

Kingfisher hits upper circuit; stock up 5%

Kingfisher Airlines' scrip on Thursday surged nearly 5 per cent after the company sought regulatory approvals to relaunch its operations and submitted plans to the DGCA on infusion of funds and......

Kingfisher submits plan to restart airline: CEO

India's grounded Kingfisher Airlines has submitted a plan to the country's aviation regulator to restart operations, asking for its licence to be renewed with the help of funds from its parent UB......

Lenders to recall Kingfisher loans

After treating Kingfisher Airlines with kid gloves for long, bankers on Tuesday finally decided to recall all loans, amounting to Rs 7,500 crore (Rs 75 billion), to the company.The move includes......