Kingfisher Airlines' Tier-II, III operations may be affected till March-end

Mumbai: The cash-strapped Kingfisher Airlines' operations from tier-II and tier-III cities are likely to be affected until March end, industry sources said.
"The number of Kingfisher flights has come down to 160 a day from 240 flights a day. It is likely to continue like this. They seem to have shut down Lucknow, Bhubaneswar, Patna, Srinagar, Kolkata and Hyderabad. Flights to more locations could be affected as they have lots of aircraft on ground," an industry source said here today.
The airline has not issued any statement on its Kolkata operations despite flights from Kolkata to Delhi, Mumbai, Bhubaneswar, Bagdogra, Aizwal, Silchar, Dhaka and Bangkok being taken off the ticketing sites.
Incidentally, KA has been directed by its lenders including the State Bank of India to reverse the nearly Rs 100-crore guarantee commission it paid to promoter Vijay Mallya and UB Holdings, as a pre-condition to consider the second round of bailout.
18/02/12 PTI/Economic Times

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Categories: airports Feb 2012, Kingfisher Feb 2012