Kingfisher likely to halt flights through Oct. 20
MUMBAI, India -- India's Kingfisher Airlines is unlikely to end its two week shutdown Friday, as planned. The cash-strapped airline has stopped selling tickets on its website through Oct. 20 as it struggles to convince pilots and engineers who haven't been paid for months to return to work.
The website also warns passengers that "all flights are subject to regulatory approval."
Kingfisher, once one of India's best airlines, grounded flights on October 1.
It is now battling for a lifeline with India's airline regulator, which has asked the company to explain why its license shouldn't be revoked, and with bankers that it owes over $1 billion.