Rs 754 crore! That's what KFA's loss is now
November 08, 2012  10:51
Kingfisher Airlines' July-Sept quarter net loss widens to Rs 754 cr from Rs 468.66 cr in the year-ago period.  The airline which has curtailed operations since a year had to completely shut operation last month due to staff protest on delayed salaries. The airline said it is preparing a comprehensive plan to resume operations. Revenues of the airline also declined 87%, YoY to Rs 200 crore as it is not operating any flights of late. Read more here.
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