Rough skies ahead for Kingfisher, leasing plans disrupted

Even as shares of Kingfisher Airlines have recouped marginally on the Bombay Stock Exchange, tough skies are ahead for the airline.

July 12, 2011 / 15:53 IST

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Shaheen Mansuri
Moneycontrol Bureau

Kingfisher Airlines is in for a bumpy flight even as its shares found a few takers due to lower crude prices. The UB Group-owned airline is finding it difficult to get aircraft on lease due to its debt ridden balance sheet, say sources. The leased aircraft are to be deployed on the airline

first published: Jul 12, 2011 01:08 pm

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