Kingfisher flies into more crisis

Mumbai: With little cash and over half its fleet grounded, Kingfisher Airlines has run into yet another crisis that includes reduction of flights and attachment of its bank accounts by the income tax authorities.
The airline withdrew several of its flights on Saturday. While Kingfisher issued a late night statement to say that only 32 of its 240 flights had been withdrawn, travel agents said the number would be much more.
Kingfisher said the flight disruptions since yesterday “will continue for four days due to unexpected events including bird strikes which rendered aircraft out of service”. It also said the airline would operate the full schedule on its booking system within the next four days.
But random checks on the Kingfisher website for next week’s flights between Delhi-Kolkata and Mumbai-Singapore returned the result “no flights found.”
Kingfisher confirmed that its bank accounts were attached by the tax authorities, but added: “This has happened in the past not just to us but also to Air India. We have resolved issues before and will do so again”.
19/02/12 Aneesh Phadnis/Business Standard

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Categories: Kingfisher Feb 2012