Kingfisher update

Victoria
By Victoria March 29, 2012 16:03

Kingfisher update

Kingfisher Airlines has again requested additional working capital from its creditors. In a letter to banks, the airline has asked for further funding to keep the airline afloat. The consortium of banks denied an earlier request in February for more working capital so it seems unlikely they will concede this time especially since the financial health of the airline has deteriorated further.

Victoria
By Victoria March 29, 2012 16:03
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