Wednesday, July 23, 2008

Kingfisher to Launch London Flights in September

Kingfisher announced that it will launch flights to the UK beginning in September. The loss-making airline (1700 Crore over the last 2 years, not counting the nearly 650 Crore lost by sister-airline Deccan) will launch the service in the wake of a miserable cost structure for long-haul carriers. With other airlines closing long-haul routes around the world, this could be Mallya's biggest challenges yet.

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