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June 6, 2012 – Bangalore Aviation

Daily Archives: June 6, 2012

Kingfisher fiscal year 2012 results analysis. Will Kingfisher Airlines survive?

June 6, 2012 Comments Off on Kingfisher fiscal year 2012 results analysis. Will Kingfisher Airlines survive?

When Kingfisher Airlines, once India鈥檚 second largest domestic airline, reported a Rs. 2,328 Crore (1 Crore = 10 Million) net post-tax loss for fiscal year 2012, it was simply an affirmation of the dire straits that a once proud airline has fallen into. Of the Rs. 2,328 Crore net loss, a whopping Rs. 1151.5 Crores were lost in the fourth …

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