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 ...

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