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KFA slips over 5% on cancelling all its int'l flights

Kingfisher Airlines slipped 7% to Rs 18.05 following reports that its licence might be cancelled by the Directorate General of Civil Aviation due to flight cancellatiions by the company.

March 20, 2012 / 11:16 IST

Moneycontrol Bureau

Kingfisher Airlines pared it early morning losses and was down over 5% to Rs 19.05 following reports that the airline has pulled out of all its international routes.

The airline flies to London, Hong Kong, Singapore, Colombo amongst other destinations.

Yesterday, there were reports that its licence might be cancelled by the Directorate General of Civil Aviation (DGCA) due to unprecdented flight cancellatiions by the company. 

Reports also suggest that the airline

first published: Mar 20, 2012 09:46 am

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