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Old February 23rd, 2012, 02:42 AM   #41
krnboy1009
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Indian government should have bailed out Kingfisher instead of Air India.
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Old February 23rd, 2012, 04:24 PM   #42
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Sadly, the Indian Government has to bail out Air India for the sake of free flights for all the Government officials and families who come to NYC in First class free of cost.

Yes, Kingfisher should be totally bailed out but the the officials wont get free travel on Kingfisher so they the government have no interest in bailing them out.

Vijay Mallya is playing his card good he is waiting on FDI of 49% to be approved which will be hopefully soon, at which point Kingfisher will have the right people on the Board of directors and in Management to turn Kingfisher into a profit.

The UB group isn't going to let Kingfisher go out of business. This is all a stalling game being played well by Vijay Mallya.
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Old February 24th, 2012, 08:30 AM   #43
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There's a mucg more straightforward reason. Air India is state owned, Kingfisher is a private company. No further explanation needed.

And the Kingfishers situation is only getting worse.
Quote:
Flyers suffer as 16 Kingfisher flights cancelled
Feb 24, 2012, 06.14AM IST

MUMBAI: There is no end to the trouble faced by passengers of Kingfisher airline. As many as 16 flights out of Mumbai across sectors were cancelled on Thursday. Despite an assurance to start operations according to a new schedule, Kingfisher did not make any changes or send any fresh schedule to Mumbai airport or even travel agents in the city. However, late on Thursday, the airline's website put up the new schedule.

Tour operators said new bookings on the airline have come to a complete halt.

"Though Kingfisher is selling cheaper tickets, there are no takers. People are unsure because of flight cancellations and do not want to take a risk. Also, most Kingfisher flights which are still operating are also getting delayed by an hour or more. Hence, those who want to fly for official purpose are hesitant to book on the airline," a Fort-based travel agent said. "This skepticism towards Kingfisher would continue till the airline starts operating flights as per a planned schedule and stops erratic cancellations," he added.

full article:
http://timesofindia.indiatimes.com/c...w/12013511.cms
It doesn't matter if an owner is playing it's cards right or that the investors won't let it go bust. If there are no passengers anymore you can't run an airline, even if you pump in tons of money.
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Old February 25th, 2012, 12:18 PM   #44
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Old March 12th, 2012, 11:33 PM   #45
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Quote:
Poor loads, staff shortage disrupt 34 Kingfisher flights
New Delhi, Tue Mar 13 2012, 01:41 hrs

Trouble for cash-strapped Kingfisher Airlines erupted again today as nearly 34 flights of the carrier were disrupted when a section of its staff failed to report for duty protesting delay in salary payments.

Kingfisher also clubbed some of its flights as it experienced poor load factors due to its suspension from the global ticketing and sales office of International Air Transport Association (IATA) on account of non-payment of dues.

“The flight loads have reduced because of our limited distribution ability caused by IATA suspension. We are therefore combining some of our flights,” the airline said. “We will operate approximately 80 per cent of our planned schedule. We expect to return to our full schedule shortly,” it said. The carrier had been operating a truncated schedule of 170 flights since February.

The international routes will also be cut back, the 2 London routes will be cancelled in April. Bangkok, Dhaka and Kathmandu are cancelled from late March and Hong Kong will be suspended in March but is again open for booking in April.
http://airlineroute.net/
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Old March 13th, 2012, 05:07 AM   #46
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Vijay Mallya's business brews some shitty liquor, BTW. Possibly some of the world's worst, not including moonshine. He's rich because he was protected for decades by India's license raj and still is by import duties, that keep the better competition out. They sell flavored rum as whisky, and people actually still buy it.

An idiot like that thinks he knows something about running a real business like an airline, but quickly finds out otherwise. Still, he has his political connections to fall back on. Private profits, socialized losses.
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Old March 14th, 2012, 01:05 AM   #47
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Sounds like kingfisher maybe done. Sounds like pretty soon we will be able to add them to the list of past airlines.
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Old March 14th, 2012, 01:10 AM   #48
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Air India doesnt fly from Mumbai to Seoul right? Only from New Delhi.
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Old March 15th, 2012, 09:52 PM   #49
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Air India 787 @ India Aviation 2012

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Old March 16th, 2012, 08:23 AM   #50
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Old March 16th, 2012, 08:26 AM   #51
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Old March 17th, 2012, 04:27 AM   #52
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Indian pride @ Toronto Pearson

March 14th, seconds away before she was on her way to the other side of the world.

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Old July 27th, 2012, 04:58 AM   #53
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Global body says Indian aviation sector "in crisis"
(WCARN.com/AFP, July 25)

Quote:
India's highly competitive aviation sector is in "crisis", crippled by high costs, exorbitant airport charges and taxes, the global aviation industry's chief said on Wednesday.

India's major carriers lost close to US$2 billion in the last fiscal year to March 2012 and are carrying debts of US$20 billion, International Air Transport Association (IATA) chief Tony Tyler said.

"India's aviation is in a multi-faceted crisis. Before the aviation sector can deliver greater benefits to the Indian economy, this crisis must be resolved," Tyler told a business audience in New Delhi.
more: http://www.wcarn.com/cache/news/20/20551.html


IATA Says Expects India to Lead Talks on EU Airline Carbon Scheme
(WCARN.com/Reuters, July 25)

Quote:
The International Air Transport Association (IATA) expects India to lead global talks on the European Union's Emissions Trading Scheme (ETS), Tony Tyler, the organisation's director general, said on Wednesday, adding that he felt India was not "philosophically opposed" to the scheme.
more: http://www.wcarn.com/cache/news/20/20524.html
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Last edited by everywhere; July 27th, 2012 at 06:01 AM.
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Old October 20th, 2012, 01:11 PM   #54
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Will this be the end for Kingfisher Airlines?

Quote:
Flying licence of Kingfisher Airlines suspended

NEW DELHI: The flying licence of Kingfisher Airlines has been suspended after the debt-laden carrier failed to satisfy concerns from the aviation regulator about its operations, a report said Saturday.

The licence of the airline has been "suspended until further orders", the Press Trust of India news agency said, citing officials from India's Directorate General of Civil Aviation.

The airline's fleet had already been grounded since the start of this month after its staff went on strike over unpaid salaries.
more: http://timesofindia.indiatimes.com/i...w/16889973.cms

Will Vijay Mallya or some other party manage to turn this situation around? It's probably easier to just start a new airline instead of restarting the ruins of Kingfisher.
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Old October 20th, 2012, 05:39 PM   #55
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Bye bye Kingfisher Airlines... Sad.
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Old October 20th, 2012, 06:32 PM   #56
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Vijay Mallya should have taken money from his billions and paid the employees. Not like paying them would even make a dent on his bank account.
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Old October 21st, 2012, 11:01 PM   #57
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Quote:
Originally Posted by krnboy1009 View Post
Vijay Mallya should have taken money from his billions and paid the employees. Not like paying them would even make a dent on his bank account.
Oh well looks like he still doesn't want to even risk the airline denting the rest of his business. Kingfisher beer isn't too bad though.
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Old October 22nd, 2012, 09:43 AM   #58
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For a long time, it has been rumored that Jet Airways will be starting service to Manila in the Philippines from Mumbai and/or Delhi. Any progress on that new airline service?
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Old October 22nd, 2012, 09:44 AM   #59
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Quote:
Originally Posted by Momo1435
Will this be the end for Kingfisher Airlines?

more: http://timesofindia.indiatimes.com/i...w/16889973.cms

Will Vijay Mallya or some other party manage to turn this situation around? It's probably easier to just start a new airline instead of restarting the ruins of Kingfisher.
Ouch. Kingfisher had a good reputation indeed, almost on par with Jet Airways, only to go bankrupt? That's sad news... Hopefully, it will be resurrected as a better airline with better management.
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Old January 11th, 2013, 08:49 PM   #60
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Kingfisher is saved......

Quote:
Kingfisher Air Plans Revival With Parent UB Group’s Funds

Jan 10, 2013

Kingfisher Airlines Ltd. (KAIR), the Indian carrier that stopped flying in October because of a cash crunch, plans to restart services with funds from parent UB Group, according to an e-mail Chairman Vijay Mallya sent to employees.

The airline will resume flights this year with seven aircraft, before increasing its fleet to 21 within four months, Mallya, who controls the UB Group, said in the e-mailed letter today. UB Group, which includes India’s biggest liquor maker, and associates have committed 6.5 billion rupees ($119 million) to fund the carrier’s revival plan, he said in the letter.

http://www.bloomberg.com/news/2013-0...mail-says.html
.... But not really

Quote:
Kingfisher revival plan not enough to restart operations

Jan 11, 2013

NEW DELHI: Kingfisher Airlines planned investment of 6.5 billion rupees as part of a plan to return the airline to the skies is not enough to restart operations at the troubled carrier, a senior aviation regulatory official said.

full article:
http://timesofindia.indiatimes.com/b...w/17983146.cms

It seems like the Indian government doesn't want to take risks with Kingfisher anymore. Kingfisher recently also lost out to Jet Airways for a big investment by Ethihad, that survival route is also closed. Now only a miracle can safe the airline, every month it doesn't fly is month closer to the final curtain call.
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