Kingfisher Airlines A320. Courtesy, Kingfisher Rising debt and idle aircraft have pushed Kingfisher Airlines losses to INR7.55 billion ($141.8 million) in the October-December 2012 quarter. Losses were up 97% from INR4.44 billion in the year-ago period when the airline still operated, albeit with a curtailed schedule. Kingfisher, which suspended operations in October 2012, owes about $2.5 billion to debtors that include a consortium of banks, staff and airports. ...
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