Kingfisher defers A340 deliveries to July

Mumbai: Kingfisher Airlines has deferred deliveries of wide-body A340-500s aircraft, slated for April, as it has not still been able to finalise its route network for international operations.
The airline will now take the deliveries in July and have five such aircraft by August. Kingfisher was to add one A340 a month beginning April.
"We have deferred the deliveries as the planning for our international routes is still on," said Hitesh Patel, executive vice-president, Kingfisher Airlines.
However, Kingfisher will get the deliveries of all its 10 wide-body aircraft, including A330s (to be deployed on the London-Mumbai-Delhi route), by September.
The move may also be the result of Kingfisher not being able to find an airline for wet leasing (an agreement whereby one airline provides an aircraft, complete crew, maintenance and insurance to another and is paid in terms of the number of operating hours) of these aircraft till such time it goes international. Kingfisher was earlier considering wet leasing to Air-India.
18/03/08 Manisha Singhal/Business Standard

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Categories: Kingfisher Mar 2008