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Kingfisher Red

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ICAO Code
KFR
Website
http://www.flykingfisher.com/
Main hub
Mumbai Airport
Country
India

Kingfisher Red (formerly Simplifly Deccan and Air Deccan) was a low-cost brand under Kingfisher Airlines, phased out by Jan-2012.

Location of Kingfisher Red main hub (Mumbai Airport)

Source: CAPA - Centre for Aviation and Google Maps


 
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26 total articles

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6,348 total articles

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Kingfisher Chairman, Vijay Mallya Kingfisher Airlines going against the trend with plans to exit low cost business by Jan-2012

30-Sep-11 1:10 PM

Kingfisher Airlines stated it would end its low-cost operations in four months to focus on premium operations, contrary to its rivals in India who are increasingly adding low-fare capacity in the price-sensitive market to cater to rising demand for air travel in the fast growing domestic market.

Kingfisher Airlines chairman Dr Vijay Mallya stated the move to “do away” with its low-cost subsidiary, which is taking place 52 months after the acquisition of Air Deccan, has been prompted by higher demand for premium seats and better margins and load factors on full-service operations, adding there are enough operators and capacity in the low-cost space. "Yes, we are doing away with Kingfisher Red, as we don't intend to compete in the low-cost segment. But all is not gloom and doom..."

Kingfisher Airlines widens 1QFY2012 loss

15-Aug-11 8:49 AM

Kingfisher Airlines reported a widened net loss of INR2.64 billion (USD58.3 million) in 1QFY2012 (three months ended 30-Jun-2011) compared with a loss of INR1.87 billion (USD41.5 million) a year earlier, due to increased fuel costs, intense competition in the domestic market and a shift in the market towards low fare travel. These factors have negatively impacted margins and offset increased revenues from higher demand levels, load factors and yields and a debt recast that has helped reduce interest costs.

Air India CMD, Arvind Jhadhav Government considers Air India equity infusion as losses continue to flow, debt remains high

8-Dec-10 10:22 AM

Air India, India’s state-owned national carrier, is continuing to struggle to cope with continued and significant losses and accumulated high debt levels as it seeks another government equity infusion. Air India is facing pressure to turn around its operations not only from within but from Star Alliance, with formal entry into the alliance dependent on achieving certain membership requirements which Air India has been slow to meet.

Indian LCC wrap: Air India Express; GoAir; IndiGo; Kingfisher Red; Jet Lite and SpiceJet

30-Apr-10 2:11 PM

The airline landscape in India has been transformed in recent years. In 2003, there were just four carriers – Air India, Indian Airlines, Jet Airways and Air Sahara - all operating full service models. And private carriers in those days were limited to operating domestic routes only. Today, there are effectively seven major airlines operating 11 different brands.

India aviation outlook: Union General Budget 2010/11

26-Mar-10 2:31 PM

India’s financial year 2009/10 is drawing to a close - and not a minute too soon for many of the country’s beleaguered airlines. In the shadows of a new year, which brings some hope of an improving earnings environment for the sector, the Indian Ministry of Finance (MoF) has announced the Union General Budget 2010/11, and there is a sting in the tail. Highlights for the Indian civil aviation sector include budgetary support for the Ministry of Civil Aviation (MoCA), Air India and the Airports Authority of India (AAI). However, this budget is not just a financial provision for the sector in the coming year. There are now two additional imposts on the aviation sector – most significantly, the budget has extended the application of 10% service tax to all air travel and applies a 5% excise duty on aviation turbine fuel.

Indian airline outlook 2010

20-Jan-10 5:51 PM

After the dramatic changes of the last five years, the Indian aviation industry is starting to see the emergence of a more favourable environment. India’s GDP growth slowed from over 9% in 2007/08 to 6.1% in 2008/09. However, given the contraction globally, this was a relatively a good result. The economy appears to be recovering earlier than expected, with GDP growth of 7.9% in the last quarter, ahead of expectations. The World Bank projects annual growth of 8.0% per annum from 2011 to 2014. Domestic traffic is also showing a return to growth. After 12 consecutive months of year-on-year declines in domestic traffic, July 2009 saw a return to positive territory, which has continued since then.

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