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Crisis: Kingfisher erased 20 flights today

Delhi, India - The company, heavily in debt, started negotiation with banks for loans

The Indian air company Kingfisher erased 20 flights more today. The carrier, living an heavy financial crisis, refers to being still operating negotiations with banks to receive money loans. The Civil Aviation Indian Minister, Ajit Singh, said the carrier cannot expect of being rescued by Governments same way happened to Air India, a property of the State. Anyway, "We hope Kingfisher will be able to...

AVIONEWS - World Aeronautical Press Agency - 1138000
Rome, Italy, 02/22/2012 19:28
AVIONEWS - World Aeronautical Press Agency

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