there is a price to be paid for that backing up... at some time there will be a significant dilution in the form of rights issue.. If you have enough funds for rights issue invest in KFA....

Don`t get so emotional. I will tell your errors. 1. In the case of Jet airlines you forgot to take into account the brand value of Jet buit over so many years. Moreove its share is that from full-service clients which is highly profitable. Moreover it is part of star alliance which give it access to high yielding customers. 2. SpiceJet -It is a pure play on low cost airlines and service quality is very good. Moreover it even manages to turn profits sometimes due to efficiency of operations. The problem with kingfisher airlines is that Mallya is in debt upto the neck. He can`t pump in more money. This would lead to significant dilution at some point of time. Market is pricing that in....

also please explain i have few doubts look kingfisher has 26 crores including promter 66 percent stake which works out to be 1300 crore market cap and free floating cap 300 + crores and only 8 crores shares are avaiable in the market for trading but still this shares trade 3 crores someday and onther dat its trades 5 crores so it is trading with huge volume only 8 crores are avaiable for trading but i come such a huge voulume in the market it is all stock holders are buying and selling...

The head of the airline industry body IATA said on Friday that the tough conditions suffered by carriers hit by the global economic crisis were improving. ...

Delta is the latest U.S. carrier to report a profit excluding special items, as well as an operating profit, and is echoing industry optimism that demand is finally starting to strengthen. While the carrier`s net loss of $161 million was worse than last year`s $50 million deficit, it made a $51 million profit excluding special items - which was a $115 million improvement from the same quarter in 2008. Delta saw an operating profit of $204 million in this year`s third quarter. CEO Richard Anderson noted that there has been "some improvement in the revenue environment," with unit revenue improving month-by-month since hitting a low point in June. Airline President Edward Bastian said the industry is "in the early stages of what will probably be a choppy and uncertain recovery, [although] we are seeing the right trend lines." Airlines are gaining more traction on the yield front, as evidenced by recent successful fare increases, Bastian said. Travel on corporate accounts is down 10% compared to the previous year, with corresponding revenues falling 25%. However, the airline stressed that this was much better than the 40%-50% declines it was seeing in the first half. Fourth-quarter unit revenue is projected to be down 8% year-on-year for the fourth quarter, which would be 10 points better than the decrease in the third quarter. Domestic yields are likely to be down 10% year-on-year in the fourth quarter, with international dropping 12%. Systemwide capacity will drop 10% in the fourth quarter, with consolidated domestic capacity falling 5%-7% and international declining 14%-16%. For the full year 2010, system capacity should be down 3% compared to 2009. International capacity is forecast to be essentially flat, despite the wave of summer network additions the carrier announced this week. Executives signaled they will be making further announcements about New York-London service in the next few weeks. The carrier says it has achieved its 2009 target for merger-related gains three months early. The airline was targeting $500 million in cost savings and extra revenue for this year, but has passed this and now expects to reach $700 million. Delta is still on track to have its single operating certificate approved by the end of this year. More than 600 pre-merger corporate contracts have been renegotiated, and about 230 Northwest aircraft have been repainted. More than 98% of airport facilities have been consolidated. For the third quarter, Delta`s revenue dropped 21% to $7.6 billion compared to last year, after Northwest data is factored in. Overall unit revenue declined 17%. Operating costs fell $2.1 billion thanks to lower fuel prices. Consolidated and mainline unit cost, excluding fuel and special items, rose 2% because of higher pension expenses. At the end of the quarter, the carrier had $5.8 billion in unrestricted liquidity, including $5.5 billion in cash, cash equivalents and short-term investments, and $300 million available through a revolving credit facility. ...

The crisis-ridden aviation industry on Friday received a major relief as the civil aviation ministry has supported its move to import aviation turbine fuel (ATF). This comes close on the heels of the petroleum ministry`s support to ATF import. Oil companies have projected a deficit of 5,407 thousand metric tonnes (TMT) of high-speed diesel (HSD) and a surplus of 2,791 TMT of ATF. Given the huge deficit of diesel, there is scope to import ATF and reduce diesel imports by converting ATF to HSD. If an airline imports ATF at any port terminal and thereafter it is handled by an oil company up to plane in an airport, there is no sale transaction within the country that will attract value added tax (VAT). Direct import of ATF will airlines control over the fuel price. Some oil marketing companies are ready to offer their coastal terminals for airlines` use. Civil aviation minister Praful Patel on Friday told reporters, ...

better to wait for some time... atleast a couple of weeks...

what do you think kingfisher will catch up with jetairways at some point since foreign airlines can pick the stake in domestic carrier...

but even jetairways has a burden of 13000 crores if you take that even naresh goyal is debt upto the neck and moreover kingfisher has some backing from its group companies from where naresh goyal is getting the money wheather he has any other venture...

few months back their was a report in economic times saying vijaya mallya was quoting he quoting more then 1.1 billion dollars for kingfisher airlines with tpg private equity fund can any one let me know what will be actual valuation of kingfisher airlines and also mallya was saying if foreign airlines allowed to pick the stake in domestic carrier investor will be getting good valuation for their stock if at all in foreign airlines pickes the stake what valuation he will get for his company...

also please explain i have few doubts look kingfisher has 26 crores including promter 66 percent stake which works out to be 1300 crore market cap and free floating cap 300 + crores and only 8 crores shares are avaiable in the market for trading but still this shares trade 3 crores someday and onther dat its trades 5 crores so it is trading with huge volume only 8 crores are avaiable for trading but i come such a huge voulume in the market it is all stock holders are buying and selling...

may be i dont know sometimes i feel i am wrong with my research i thaught kingfisher is better then jet airways are spicejet because of the valuation but over a period of time jetairways and spicejet has proved my research are wrong and these 2 stocks have outperformed in a huge percentage gain whereas kingfisher has underperformed the market in big way.
so i will take my defeat with whomever i have challanged i feel lot of things have to be learnt from other boarders who are master in anylsisng the stocks in a better way..

by the way can anyone let me know what wrong with kingfisher airlines because the whole sector is struggling but jet and spicejet has performed and kingfisher has underformed

i know may some people say its a huge burden of 6000 crores which is having in its books but at a same time jet airways has a 13000 crore debt in thier books and if you go by market share both jetairways and kingfisher are fighting neck to neck to take number 1 postion in market share then why jetairways is trading at a higher valuation then kingfisher and also kingfisher has fallen from 335 levels from all time high to 50 level present market price which is 85 percent low from its high whereas jet has fallen only 55 percent from all time high and spicejet 63 percent down from all time high

and also on recovery path kingfisher has moved from 22 to 50 which is 125 percent from its low and spicejet has moved from 9 to 41 which has recovered 341 percent from its low and jetairways has recovered from 115 to 470 levels which 300 percent from its low so when we look into these data`s i feel kingfisher is lagging on something which i don`t understand i feel now what all the bullish call i have on kingfisher is fisalled out

once again i say i was wrong on analysing kingfisher now i dont have any idea where kingfisher airlines going up i feel i should stop writing any messages on kingfisher airlines...

world wide aviation sector is improving just wait for investor rushing for buying aviation stocks kingfisher is underforming its peers mainly because of market wide postion just see the rally in the kingfisher stock after expiry

sector will be re rated soon...

Delta is the latest U.S. carrier to report a profit excluding special items, as well as an operating profit, and is echoing industry optimism that demand is finally starting to strengthen.

While the carrier`s net loss of $161 million was worse than last year`s $50 million deficit, it made a $51 million profit excluding special items - which was a $115 million improvement from the same quarter in 2008. Delta saw an operating profit of $204 million in this year`s third quarter.

CEO Richard Anderson noted that there has been "some improvement in the revenue environment," with unit revenue improving month-by-month since hitting a low point in June. Airline President Edward Bastian said the industry is "in the early stages of what will probably be a choppy and uncertain recovery, [although] we are seeing the right trend lines." Airlines are gaining more traction on the yield front, as evidenced by recent successful fare increases, Bastian said.

Travel on corporate accounts is down 10% compared to the previous year, with corresponding revenues falling 25%. However, the airline stressed that this was much better than the 40%-50% declines it was seeing in the first half.

Fourth-quarter unit revenue is projected to be down 8% year-on-year for the fourth quarter, which would be 10 points better than the decrease in the third quarter. Domestic yields are likely to be down 10% year-on-year in the fourth quarter, with international dropping 12%.

Systemwide capacity will drop 10% in the fourth quarter, with consolidated domestic capacity falling 5%-7% and international declining 14%-16%. For the full year 2010, system capacity should be down 3% compared to 2009. International capacity is forecast to be essentially flat, despite the wave of summer network additions the carrier announced this week. Executives signaled they will be making further announcements about New York-London service in the next few weeks.

The carrier says it has achieved its 2009 target for merger-related gains three months early. The airline was targeting $500 million in cost savings and extra revenue for this year, but has passed this and now expects to reach $700 million.

Delta is still on track to have its single operating certificate approved by the end of this year. More than 600 pre-merger corporate contracts have been renegotiated, and about 230 Northwest aircraft have been repainted. More than 98% of airport facilities have been consolidated.

For the third quarter, Delta`s revenue dropped 21% to $7.6 billion compared to last year, after Northwest data is factored in. Overall unit revenue declined 17%. Operating costs fell $2.1 billion thanks to lower fuel prices. Consolidated and mainline unit cost, excluding fuel and special items, rose 2% because of higher pension expenses. At the end of the quarter, the carrier had $5.8 billion in unrestricted liquidity, including $5.5 billion in cash, cash equivalents and short-term investments, and $300 million available through a revolving credit facility.

...

after the election which ever the govt comes first thing they will do is stimulas package for infra and aviation sector if congress govt comes they will allow fdi to foreign airlines to hold stake in indian carriers that will be good bost to the sector in which malaya is good bargainer in which he will not sell the stake at market cap not less then 5000 crores more over economy is improving hotel sector is improving and so has avaition sector also improve this sector has battered so much even a slighlt improvemnt stocks are going to run...