Who is kingfisher airlines

By merging with Air Deccan, Mallya could circumvent this rule and launch London flights faster. By , it had cut its fleet down to just 28 aircraft and was starting to hemorrhage money. Payments to employees and creditors started to fail and Mallya himself had to pump money into the airline to keep it afloat.

Mallya touted around to find a rescue investor. However, at the time it was not allowed for foreign airlines to invest in Indian carriers, so he drew a blank. However, Mallya was not in India. He had fled to the UK to escape his creditors.

Managing Editor - Joanna has worked in publishing for more than a decade and is fast becoming a go-to source for commercial aviation analysis. Joanna Bailey Managing Editor - Joanna has worked in publishing for more than a decade and is fast becoming a go-to source for commercial aviation analysis. Vijay Mallya's Kingfisher House sold for 52 crore. Kingfisher House sold for Rs 52cr. SBI reports its highest ever quarterly profit of Rs 6,cr.

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Much has been written about the rise and horrendous fall of the airline over the years. Kingfisher Airlines remained a loyal Airbus customer. In fact, no Boeing jet ever flew commercially for the airline.

In fact, for a brief period of time, Kingfisher Airlines was the only carrier in India that flew all three aircraft of the A family before Air India expanded its fleet in Stay informed: Sign up for our daily and weekly aviation news digests.

Kingfisher Airline flew a total of 28 ATRs. According to planespotters. The carrier used the ATRs as feeder aircraft to connect its four major hubs — Delhi, Mumbai, Bangalore, and Kolkata — to regional airports.