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Kingfisher unleashes international expansion

9-Jan-2009

Kingfisher Airlines is quickly brushing off the difficulties of 2008 with an aggressive programme of network expansion in the early months of 2009. The move comes despite the global economic slowdown that has slashed Asian traffic growth rates, particularly Business travel. In Kingfisher’s favour, oil prices have fallen significantly in recent months, making route expansion less costly. [893 words]

Unlock the following content in this report:

Subheadings:

  • Agents' commissions back on, as are discounts
  • More loans likely, even as Kingfisher sheds aircraft
  • No change in foreign airline ownership rules likely

Graphs and data:

  • Kingfisher Airlines' international expansion (all daily services): Early 2009
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