What happened to Kingfisher planes?

Several were returned to reclaimed by the leasing companies to whom they belonged. There are others which should now belong to banks to whom Kingfishar owes hundreds of crores. However, I see several parked around the airport in dilapidated condition. read more

Several were returned to reclaimed by the leasing companies to whom they belonged. There are others which should now belong to banks to whom Kingfishar owes hundreds of crores. read more

KFA till recently had 40 planes — 10 owned by it and 30 leased. Of the 30 leased, 15 are stuck on ground and 13 were de-registered. Two aircraft have been seized by service tax authorities. Aviation secretary K N Shrivastava recently met the tax authorities for freeing these planes but since they are co-owned by the airline, they remain impounded. read more