Kingfisher sells Mumbai office to Collect funds

Cash-strapped Kingfisher Airlines is selling its corporate office building in Mumbai.

Bankers belonging to the lending consortium told Business Line that the airline has approached the bank to give a go-ahead for the sale of Kingfisher House, located on the Western Express Highway. “The file is with the heads of banks now, and any decision on the approval is yet to be conveyed to the company,” said a bank official.
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Selling Online Air Tickets by IRCTC

Ministry of Railways

Selling Online Air Tickets by IRCTC

Indian Railways Catering and Tourism Corporation (IRCTC) has been selling air tickets at its website since May 6, 2010 as a white label arrangement with a backend content provider. However, now IRCTC has launched air ticketing website on its own since May 7, 2012. This initiative has been taken to improve customer satisfaction and provide a seamless passenger movement over various modes of transport. IRCTC has developed in house air ticketing module for booking tickets for domestic and international airlines through website irctc.co.in and railtourismindia.com.

IRCTC now has directly entered into agreement with the major airlines and the low cost carries in the country like Air India, Jet Airways, Kingfisher, Spicejet, Indigo and Go Air. Initially, the customer will be able to book tickets for these airlines for domestic travel and later the international airlines for international travel.

This information was given by the Minister of State for Railways, Shri Bharatsinh Solanki in a written reply in Rajya Sabha today.