Kingfisher to increase intl services

Bangalore: Kingfisher Airlines, which had rapidly expanded its international network till a few years ago, is now looking at increasing frequency of service to these destinations instead of adding more places. Speaking to the media on the sidelines of the company’s 14th annual general meeting (AGM), Vijay Mallya, chairman and CEO of the company, said that the recently-launched flights from Mumbai to Singapore and Hong Kong have been received well by the market.
“We are operating to Dubai, Hong Kong, Thailand, London and Singapore and intend to increase frequencies. We are looking at new routes only from next year, but have to be cautious. In the domestic market, KF Airlines intends to launch services to Ludhiana and Pantnagar, which till date had no proper air connectivity,” he said.
He said that the airline was focussed on revenues and not on other variables, such as market share or seat (load) factor.
It was not in the habit of discounting its fares that could eventually question the economic fundamentals of the business. Mr Mallya said that the airlines intended to complete its fund-raising plans at the earliest.
30/09/09 Economic Times

To Read the News in full at Source, Click the Headline

Categories: Foreign Sep 2009, Kingfisher Sep 2009