Tuesday, February 05, 2013

05-02-2013:

Kingfisher posts 7.55 billion rupee loss as planes sit idle

Reuters - A Kingfisher Airlines aircraft comes in to land at Mumbai's domestic airport February 20, 2012.

MUMBAI (Reuters) - Debt-ridden and with no customers, Kingfisher Airlines Ltd posted a 7.55 billion rupees loss in the three months to December 31 as its planes sat idle, creditors circled and regulators rebuffed the Indian airline's revival plans.

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