Struggling Kingfisher Airlines (IT) said it has moved into a “holding plan” in which it will operate only about 120 flights daily (around a quarter of its full schedule) while it awaits a much-needed recapitalization.
Kingfisher Airlines A320. By Rob Finlayson Struggling Kingfisher Airlines (IT) said it has moved into a “holding plan” in which it will operate only about 120 flights daily (around a quarter of its full schedule) while it awaits a much-needed recapitalization. Meanwhile, chairman Vijay Mallya assured employees over the weekend that salaries will begin to be paid again shortly following a suspension in worker pay that extends back to December (ATW Daily News, March ...
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