Jet, Kingfisher look abroad to slash domestic losses

Mumbai: Jet Airways and Kingfisher Airlines are aiming at improving bottomlines by expanding their overseas operations to relatively profitable routes, which help them subsidise the ailing domestic business hit by a demand crunch and high costs.
The airlines have decided to divert a chunk of their full service capacity in comparatively profitable international sectors. Jet Airways is adding four new flights while Kingfisher is planning eight new overseas sectors.
Jet Airways is starting a flight from Mumbai to Jeddah in Saudi Arabia from Tuesday. A flight to Riyadh will be added soon, it said.Jet is also starting a second daily flight in the Mumbai- Bangkok sector and a flight linking Hyderabad and Dubai from mid-August.
Kingfisher is starting new international flights from Mumbai and Delhi to Singapore, Hong Kong and Bangkok.
13/07/09 Lalatendu Mishra/Hindustan Times

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Categories: Foreign Jul 2009, Jet Airways Jul 2009, Kingfisher Jul 2009