Daily Archives: August 31, 2010

Kingfisher Airlines repeats fund raising plans – a move to ease market concerns?

Dr. Vijay Mallya promoted Kingfisher Airlines released this statement today. The conversion between Indian Rupees and US Dollar at a rate of Rs.47:$1 has been added by us in italics. The Board of Kingfisher Airlines Limited, at its meeting held today, approved, subject to shareholders approval, an increase in the authorised Equity Share Capital from Rs. 900 crores [approx $192 …

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Luthansa takes delivery of third Airbus A380 D-AIMC names it Peking

German carrier Lufthansa took delivery of its third Airbus A380 D-AIMC MSN044 last week. The Lufthansa “Lady Bee” is named Peking the German name for Beijing. Lufthansa will commence A380 services to the Chinese capital from Frankfurt tomorrow, September 1, 2010.

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