Kingfisher rationalises flight schedule

| | Updated on: Nov 11, 2011
image caption

Kingfisher airlines has said that it has rationalised its network and will offer 300 daily flights connecting 54 cities as compared to its previous schedule of 340 flights.

In a statement, the airline CEO, Mr Sanjay Aggarwal, said that no flights have been cancelled because of lack of pilots or other staff.

Enough pilots

“The attrition of 100 pilots did not happen overnight. Kingfisher has sufficient number of pilots and a robust pipeline of new pilots to continue to operate its scheduled flights,” Mr Aggarwal said.

He said Kingfisher decided to rationalise network, drop unprofitable flights and expedite its fleet reconfiguration because of the difficult situation the industry was facing. “This initiative will improve the long-term profitability of the airline.”

Salary delays

There has been a few days delay for the last 2-3 months in payment of employee salaries. However, all employees have been paid in the month the salaries were due.

Mr Aggarwal said Kingfisher does not see any risk to its future or long-term viability. “The whole Indian Aviation Industry is struggling due to high costs and lower yields. We are no exception. Like any other prudent business we are taking steps to improve our financial performance,” he said.

Published on March 12, 2018

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you