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Aviation Minister has given a last chance to Kingfisher to run its main airlines properly

Kingfisher Airline is facing a financial crisis these days. Aviation Minister has given a last chance to Kingfisher and asked the cash strapped airline to at least run its truncated fleet of 28 airworthy aircraft properly by Wednesday.

 
PRLog - Feb. 24, 2012 - NAHAN, India -- Kingfisher is an airline company, which was established in 2003. It is started by Bangaluru based United Breweries Group. Kingfisher started its commercial operation in 9 May 2005 with a fleet of four new airbus A320-200s which operates a flight from Mumbai to Delhi, and it started its international operation on 3 September 2008 by connecting Bangalore with London. Kingfisher airlines now serve 63 domestic destinations and 8 international destinations in 8 countries across Asia and Europe. Kingfisher airlines had the second largest share in India’s domestic air travel market. Kingfisher operates 250 daily flights with regional and long-haul international service. Kingfisher airlines also acquired Air Deccan and its name changed into Kingfisher Red. Kingfisher Red is Kingfisher Airlines low cost class on domestic routes. It introduces low cost airlines after acquiring Air Deccan. Kingfisher Airlines also won many awards and successfully achieved its goal in the last few years.
Kingfisher Airline is facing a financial crisis these days. Aviation Minister has given a last chance to Kingfisher and asked the cash strapped airline to at least run its truncated fleet of 28 airworthy aircraft properly with new timetable that has to be prepared by Wednesday. Even Air India and Jet Airways have put Kingfisher on cash and carry which means Kingfisher have to pay those airlines cash up front to accommodate stranded passengers.
DGCA chief Bharat Bhushan met KFA CEO Sanjay Aggarwal and executive Vice-President Hitesh Patel in New Delhi because airline is subjected to tough questioning on its slashing of flight since Saturday, which causes inconvenient to passengers, and they fail to satisfy DGCA authorities. DGCA also mount special safety check on Kingfisher aircraft in service. DGCA also send a report on the airline’s sorry state to aviation ministry, leaving a call on Kingfisher’s fate to it.
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Location:Nahan - Himachal Pradesh - India
Industry:Kingfisher
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