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Civil airplanes. Kingfisher shares fall nearly 20%
New Delhi, India - Shares plunge in early trade for the highly indebted Indian airline
The Indian airline Kingfisher's shares fell 20% percent in early trade ahead of a meeting between the airline's top executives and the country's aviation regulator. The Directorate General of Civil Aviation wants to know why the carrier cancelled more than 100 flights since Saturday. Of the 64 planes in its fleet, the airline is using just over a dozen to operate flights and, according to media...
AVIONEWS - World Aeronautical Press Agency - 1137935
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency