Kingfisher Grounds 15 Planes, Working With Banks

Discussion in 'Other Airlines | India' started by Rejuvenated, Dec 19, 2011.  |  Print Topic

  1. Rejuvenated
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    Rejuvenated Gold Member

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    Beleaguered Kingfisher Airlines has grounded 15 planes in its fleet as it battles a prolonged cash crunch, a company executive said, as banks continue efforts to prop up the airline, which until recently was India's second-largest.
    http://news.airwise.com/story/view/1324297566.html
     
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  2. Jaimito Cartero
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    Jaimito Cartero Silver Member

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    How can they really expect to join OW with such financial problems?
     
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  3. jbcarioca
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    jbcarioca Gold Member

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    Methinks they will not. They're almost ready, they and several other Indian airlines seem on the verge of complete collapse. I hope it does not happen, but...
     

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