India’s Kingfisher Airlines has confirmed it is in discussions with several investors, including Etihad Airways, to take an equity stake in the troubled Indian carrier.
Etihad A330. Courtesy, Airbus India’s Kingfisher Airlines has confirmed it is in discussions with several investors, including Etihad Airways, to take an equity stake in the troubled Indian carrier. The comment came in a statement to Mumbai Stock Exchange. Kingfisher Airlines has not operated flights since Oct. 19 when Indian regulatory authorities suspended its license. Debt-burdened Kingfisher Airlines has faced severe financial problems this year and stopped flying when its ...
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