Loading
7-Sep-2009 11:29 AM

Kingfisher Airlines' losses are "no longer sustainable" - Mallya

Kingfisher Airlines Chairman, Vijay Mallya, reported the carrier's losses are "no longer sustainable" and revealed it "costs more to fly than to stay on the ground" (AFP, 06-Sep-09). The carrier reported a USD49.3 million net loss for the three months ended 30-Jun-09.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More