Kingfisher Airlines to join OneWorld Alliance in ’12

Mumbai: Kingfisher Airlines will join OneWorld Alliance, a global airline network, a move analysts say will boost the debt-ridden carrier’s revenues by anywhere between 10-15% by issuing common tickets, sharing software and using same lounges in airports. For Kingfisher, the first Indian carrier to join a global alliance, the entry would be a shot in the arm, as it is struggling to cut down its R6,007-crore debt accumulated until April 2011.
“Any airline alliance implementation programme is a complex and detailed project, covering just about every aspect of the company’s activities and departments,” said Michael Blunt, vice president, corporate communications, Oneworld Alliance, in an e-mail response. “Kingfisher Airlines is making really good progress and is right on track against the plan. We look forward to welcoming them on board early in 2012,” he added.
05/10/11 Debabrata Das/Finanacial Express

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Categories: Kingfisher Oct 2011