Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation
Continuing our weekly interactive post where we seek your views, this week we discuss Kingfisher Airlines. Whether due to his own poor planning and execution, or as some conspiracy theorists will have you believe, there is no doubt, in the case of Kingfisher Airlines, Dr. Vijay Mallya has been systematically pushed against the wall. Kingfisher Airlines is now a weight …
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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. …
Read More »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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