Kingfisher’s troubles at home: Indian domestic scene continues its bleak performance

Overall Indian domestic passenger numbers declined by 15.2% year-on-year in Apr-09, with all major carriers suffering a drop, and only Paramount showing growth. [1530 words]

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This report contains the following subheadings:

• Surprisingly, seat factors improve in April
• Kingfisher secures number one market share position
• Capital restructuring increases debt burden, but allows operations to be maintained
• Kingfisher's knuckles rapped in pilot retention dispute
• The grand alliance with Jet Airways getting closer
• Major international expansion plans fade into the distance
• However, tentative expansion of regional international routes proceeds
• Kingfisher to transfer at least 25 full service flights to LCC division

This report contains the following charts and tables:

• Kingfisher Airlines domestic passenger numbers (thousands) and year-on-year change (%): May-2009 to Apr-2009
• Indian domestic passenger numbers (thousands): Jan-09, Feb-09, Mar-09 and Apr-09
• Select Indian carriers' load factors: Apr-2009
• Indian carriers domestic market share: Apr-2009