Kingfisher To Cancel Some Flights
November 23rd, 2011 by admin
Kingfisher Airlines, India’s No. 2 carrier, plans to cancel 31 flights daily till Nov 19, including four international flights to Bangkok.
This news was reported by the Mint newspaper and cited an unnamed airline official.
From in.finance.yahoo.com:
The cash-strapped carrier, which has not reported a profit ever since it got listed and has undergone debt restructuring once, has decided to cancel 27 domestic flights, the paper said, without specifying a reason.
The cancellations include Delhi, Mumbai, Bangalore, Chennai, Kolkata and Hyderabad routes, the report said.
About a dozen of Kingfisher’s aircraft are already out of service because of maintenance and other issues, the report said.
Kingfisher Airlines had faced a disruption in flights after state-run oil marketer HPCL temporarily halted fuel supplies and cited non-payment of dues.
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Tags: debt restructuring, domestic flights, international flights, Kingfisher Airlines
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