Kingfisher Airlines quarterly loss narrows

Kingfisher Airlines reported a USD89.4 million loss after tax in 2QFY2009/10, ended 30-Sep-2009, narrowing losses of USD103.2 million in the previous corresponding period. The carrier cut domestic capacity by 17.0% in the second fiscal quarter, while increasing revenue by 12.1% in the period to USD248.2 million. [1682 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD15.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following subheadings:

• ...But continues to report large losses: 1HFY2009/10
• Fleet reductions and tough attitude to staff as losses continue
• Kingfisher shows growth in Sep-2009
• Kingfisher hopes to gain from decision on more overseas rights
• Embarrassing court cases as creditors seek debt payment
• Founding fathers bailing out

This report contains the following charts and tables:

• Kingfisher Airlines financial highlights for three months ended 30-Sep-2009
• Kingfisher Airlines financial highlights for six months ended 30-Sep-2009
• Kingfisher passenger numbers and passenger number growth: Sep-2008 to Sep-2009