Kingfisher in cash flow crisis
It has been a dramatic few weeks for Kingfisher Airlines, highlighted by the signing of an operational merger with former staunch rival, Jet Airways (see the Perspective and Kingfisher/Jet Alliance coverage in this edition of The Monthly Essential India for more information). At its heart, the alliance aims to address the ballooning cost problems for both carriers mainly through a reduction in capacity in the market and the development of other operating synergies.
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