Kingfisher Airlines Served Eviction Notice for Non-Payment of Rent
Eviction notices have been served to Kingfisher Airlines for failing to pay rent on one of their office buildings.
The struggling airline has not paid rent on the property since November of 2011. Sources at Kingfisher say they are aware of the situation and are working to resolve it.
‘”Senior airlines representatives are in talks with some of the developers for quite some time now to resolve the deadlock and arrive at a solution,” Kingfisher sources said.’
Kingfisher has been drowning in debt for months and is trying to raise capital to pay its bills and get back on sound footing.
For more on the latest news on Kingfisher click HERE.
Category: Airnation
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