Tag Archives: F1

Kingfisher Airlines posts Rs. 469 cr loss in Q2 FY 2012. Pays 22% of revenue as interest and finance charges

Contrary to its claimed cash-starved position, Kingfisher Airlines has actually performed relatively better than its counter-part listed private airlines counter-parts in India. In a perverse silver lining to the ongoing fiscal crisis at Kingfisher, the airline slid from a net loss of Rs. 263 Cr. in the first quarter of fiscal year 2011~12 (FY12) to a net loss of Rs. …

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AirAsia unveils Airbus A320 in Formula 1 team Lotus livery

On the eve of the Singapore F1 grand prix, Tony Fernandes promoted Malaysian low cost carrier AirAsia unveiled a re-painted Airbus A320-216 from its fleet in the livery of Formula 1 Team Lotus of which Dr. Fernandes is also the principal. Click on the image for a high-resolution view. The aircraft registration 9M-AFY has been flying since early August, and …

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