Kingfisher promises to restore flights as shares sink

More than 30 flights cancelled today as talks continue

Following days of cancelled flights and reports of unpaid airport bills, struggling airline Kingfisher pledged today that it promised that its flights would be restored in the next five to seven days. As shares fell by a further 20% today, the company’s top managers are meeting aviation regulators to discuss ways of ending the chaos brought about by such large-scale disruptions. More than 30 flights are cancelled today and the carrier is operating at less than half capacity. The airline’s bank account has been frozen due to non-payment of taxes. But the airline says it is talking to banks for further funding.
BBC

x

Check Also

Air Italy, Italy, flights, plans, Meridiana, Qatar Airways, rebrand, India, A350-1000, Alitalia

Qatar backs Italy’s “new national carrier”

Air Italy will take on Alitalia. Qatar Airways also takes the world’s first A350-1000 and reiterates India plans.

Finnair, USA, Juha Järvinen, San Francisco, Chicago, extend, seasonal, routes, flights, Helsinki, Slush, Minsk, Helsinki, Belavia

Finnair extends key US routes, opens Minsk

Persuaded by demand, Finnair is extending the operating period for two US routes this autumn.

Visit Pacific, islands, Malmo, expo, talks, event, trade, travel, tourism, New Zealand, Australia, Fiji, Malmo live

Visit Pacific fair set again for Sweden

The colourful travel fair in Malmö will attract public and trade for presentations, discussions, meetings.

Interbus, Sweden, biofuel, green, bus travel, fleet, rubbish, trash, Roger Mathiasson, environment, road, travel, carbon

Nordic bus firm: “Green fuel creates new business”

Interbus cuts its carbon footprint by 90% by running a 65-strong fleet on green fuel.

ITB Berlin, Germany, 2018, expo, stands, trends, exhibitors, visitors, Egypt, Turkey, luxury, tech, travel, tourism

What’s in focus at ITB Berlin this year?

Stands and events at this year’s fair reveal some key travel trends.

Monaco, tourism, travel, representation. Nordic. Scandinavia, Sweden, Denmark, Norway, luxury, environment, green, glam

Monaco hires new representation for Scandinavia

The principality's tourism public relations will be handled by Schaffelhuber Communications.