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Kingfisher Airlines announced sale of assets in order to resolve financial problems
Mumbai, India - Proposal to diminish costs and reduce debts
The management of the Kingfisher Airlines (KFA) is reviewing the debt-reduction plan by selling its assets; it was announced by the company in a press release. The debt-reduction plans and the proposed decreasing costs: by changing the leases on its aircraft and the sale of some of its companies. In the past week, the airline cancelled 200 flights, leading to fears it is close to bankruptcy;...
AVIONEWS - World Aeronautical Press Agency - 1135592
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency