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    Kingfisher stops operations to many destinations

    Debt-laden Kingfisher Airlines said on Tuesday it temporarily stopped operations to several destinations as per its revised flight schedule, and most employees at those places have been asked to "stay at home."

    March 27, 2012 / 15:52 IST

    Debt-laden Kingfisher Airlinessaid on Tuesday it temporarily stopped operations to several destinations as per its revised flight schedule, and most employees at those places have been asked to "stay at home."

    "We are in a 'holding' pattern right now and are waiting for various decisions from the government and our consortium of bankers on FDI (foreign direct investment) policy, working capital funding, etc," Kingfisher said in a statement.

    "All of these will have a major impact on the staffing decisions we will have to make," the statement said.

    first published: Mar 27, 2012 03:42 pm

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