Loading

Kingfisher Airlines first quarter revenue up 21%, narrowing net loss

Kingfisher Airlines budgeted that FY2010/11 (ending 31-Mar-2011) will be profitable following the return to positive EBITDAR in the 12 months ended 31-Mar-2010. So far its assessment is on track, with the carrier maintaining profitability at the EBITDAR level in the three months ended 30-Jun-2010, its first fiscal quarter. Kingfisher also returned overall EBITDA to a profit in the quarter and reduced net losses by about USD10 million.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,546 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.