Kingfisher considers moving Kingfisher Red into separate entity: reports
Kingfisher Airlines is reportedly considering moving Kingfisher Red into a separate entity to enable the carrier to focus on its full service operations (Money Control, 01-Aug-2011). The airline’s financial advisors have reportedly recommended the move, which will also enable the carrier to increase the number of flight slots it receives and boost market share. They have also reportedly recommended that instead of purchasing more aircraft in addition to the 66 owned, the airline should lease some aircraft, to be deployed on high-density domestic routes. The airline has started reconfiguring some of its aircraft into all-economy seating. Some of the aircraft were configured with 32 business seats, with the move to provide room for a further 50 seats.