Kingfisher denies deal with Ethihad

December 11, 2012

Kingfisher Airlines today said it is in discussions with several investors for equity partnership, including Gulf-based Etihad Airways, but denied any deal with any of them, even as it lost five more aircraft due to non-payment of lease rentals and tax dues.

"We would like to clarify that the company is in discussions with various investors, including Etihad Airways, for equity investments," Kingfisher said in a filing to BSE.

"However, no agreement has been reached either with Etihad or any other airline and the matters are merely at negotiation stages," the statement said.