Kingfisher Airlines A320. By Rob Finlayson Indian carrier Kingfisher Airlines (IT) has reported increased losses of INR6.51 billion ($117 million) for the April-June quarter on revenues that plummeted to INR3 billion compared to INR19 billion in the second quarter last year. IT’s losses for the same period a year ago were INR2.63 billion. The company said in a statement that high fuel costs, high interest rates and expenses related to the return of aircraft to lessors as it ...

Subscribe to Access this Entire Article

"Kingfisher losses mount" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.