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Daily Archives: December 2, 2011

Kingfisher operating payments at Mumbai International Airport are overdue

It appears that Kingfisher’s troubles may not yet be over. After the carrier flirted with financial disaster last month, a report from the Economic Times suggests that new trouble is on the horizon for India’s self professed “King of Good Times.” According to the report, Chatrapati Shivaji International Airport (CSIA) has sent notice to Kingfisher that it must pay the …

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MAP: 8 Air India flights cannot even cover their cost of fuel

According to a report from the Press Trust of India (PTI), Indian civil aviation minister Vyalar Ravi revealed before the Rajya Sabha today that Air India’s estimated loss for FY 2010-2011 was Rs. 6,994 Crore, down sharply from the Rs. 5552.55 Crore loss posted in FY 2009-2010. Ravi also said that, “Based on April-September, 2011 route wise profitability, two routes …

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