Kingfisher Airlines cuts flights as it attempts to restructure

Kingfisher Airlines (Bangalore and Mumbai) is in financial difficulty. The airline, which has lost over $935 million in the past three years, is cutting flights (167 flights cut since November 8) and seeking government assistance in reorganizing according to this article by Bloomberg Businessweek. However the airline faces some of its aircraft being seized for non-payment of leases.

Read the full report: CLICK HERE

Copyright Photo: Wingnut. Please click on the photo for additional information about the carrier.

Kingfisher Slide Show: CLICK HERE