Last 3.15 INR
Change Today +0.10 / 3.28%
Volume 4.6M
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Natl India
As of 7:06 AM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

kingfisher airlines ltd (KAIR) Snapshot

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Day High
Day Low
52 Week High
09/30/13 - 6.84
52 Week Low
04/3/14 - 2.05
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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kingfisher airlines ltd (KAIR) Details

Kingfisher Airlines Limited provides air transportation services in India and internationally. The company offers scheduled and unscheduled aircraft passenger and cargo services, including charter services. As of March 31, 2013, it operated a fleet of 26 aircraft. The company was formerly known as Deccan Aviation Limited and changed its name to Kingfisher Airlines Limited in September 2008. Kingfisher Airlines Limited was incorporated in 1995 and is based in Mumbai, India.

2,851 Employees
Last Reported Date: 09/12/13
Founded in 1995

kingfisher airlines ltd (KAIR) Top Compensated Officers

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Executives, Board Directors

kingfisher airlines ltd (KAIR) Key Developments

Karnataka High Court Adds INR 5,000 Million Extra to Kingfisher Airlines' Cup of Woes

Kingfisher Airlines (KFA) suffered a further setback with the Karnataka High Court upholding a demand from the Income Tax Appellate Tribunal (ITAT) for over INR 5,000 million. A division bench of the high court dismissed its appeals pertaining to the tax demand over three financial years, while upholding the assessing officer's order. The assessing officer had passed an order in 2011 treating KFA as a defaulter for not remitting the tax deducted from various payments including employees' salaries. The department had so far recovered about INR 1,440 million from KFA out of a total claim of over INR 5,000 million. The HC ruling sets aside a two-year-old order of the ITAT which had referred the tax demand for fresh consideration. Both the ITAT and KFA had separately moved the Karnataka High Court in 2012 appealing against the ITAT's order.

No Bid Recceived For Kingfisher Airlines

No Serious bid was received for Kingfisher Airlines Limited (BSE:532747) which Public sector lenders’ tried to auction. An executive from a public sector bank said, “SBICAP Trustee Company Ltd received a few responses but these were not serious offers. Some of the bids were not even in the prescribed format".

Bids Invited For KFA

Kingfisher Airlines Limited (BSE:532747) (KFA) may be sold. On April 7, 2014, the company announced the resignation of three of its Board members, Ravi Nedungadi, SR Gupte and MS Kapur. Sbicap Trustee Co Ltd, acting on behalf of lenders, has invited bids for same and has floated an expression of interest from parties willing to buy the Kingfisher Airlines' trademarks. The list of trademarks offered include ‘fly kingfisher’ (label),’fly kingfisher’,’flying models’,’fly the good times’,’funliner’,’kingfisher’ and ‘flying bird device’. While the value of the trademarks could not be ascertained immediately by Econiomic Times, some five years ago, the brand was valued at INT 30 billion by audit firm Grant Thornton. According to the news report, a KFA spokesman refused to comment.


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