Kingfisher cuts down international flights | Latest News India - Hindustan Times
close_game
close_game

Kingfisher cuts down international flights

PTI | By, New Delhi
Mar 15, 2012 12:24 AM IST

Kingfisher Airlines (KFA), which is barely managing to operate hundred flights a day, is scaling down its international operations in a desperate bid to cut down costs and losses.

Kingfisher Airlines (KFA), which is barely managing to operate hundred flights a day, is scaling down its international operations in a desperate bid to cut down costs and losses.

HT Image
HT Image

“We are curtailing our overseas operations that are bleeding heavily,” the airline said on Wednesday. KFA, which flies to eight countries, however, did not say which routes would be affected. It has also started returning planes to lessors.

Hindustan Times - your fastest source for breaking news! Read now.

On Tuesday, KFA managed to operate only 98 flights out of its truncated schedule of 200 daily flights. “The situation cannot go on like this,” Director General of Civil Aviation EK Bharat Bhushan said, adding that the airline had failed to stick to its recovery plan submitted to the regulator last month.

On Wednesday, former tennis star Vijay Amritraj resigned from the airline’s board, becoming the fifth director to leave the company since April 2011.

KFA chief Vijay Mallya, meanwhile, has agreed to meet his pilots on March 15 and discuss the issue of delayed payments.

Unveiling Elections 2024: The Big Picture', a fresh segment in HT's talk show 'The Interview with Kumkum Chadha', where leaders across the political spectrum discuss the upcoming general elections. Watch now!

Get Current Updates on India News, Election 2024, Arvind Kejriwal News Live, Bihar Board 10th Result 2024 Live along with Latest News and Top Headlines from India and around the world.
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On