Tuesday, 11 December 2012

Kingfisher loses six more planes


Kingfisher Airlines lost six more aircraft owing to non-payment of lease rentals and tax dues, even as the beleaguered carrier said on Tuesday that it was in talks with the Gulf-based Etihad Airways and various investors for equity infusion. Amid reports of a revival plan before the month—end, the airlines’ troubles compounded further with a US—based leasing company taking back four of its Airbus planes following non—payment of lease rentals.
http://www.thehindu.com/todays-paper/kingfisher-loses-six-more-planes/article4190152.ece

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