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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. [895 words]

Unlock the following content in this report:


  • Losses running at over USD1 million per day
  • Outlook: Jet alliance can work, trust is the key

Graphs and data:

  • Kingfisher Airlines financial highlights three months ended 30-Sep-08
  • Kingfisher Airlines financial highlights six months ended 30-Sep-08
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