Kingfisher Airlines leads in January market share

August 31st, 2009 NEW DELHI - Vijay Mallya-owned Kingfisher Airlines Monday said it planned to raise $100 million (about Rs.500 crore) in Global Depository Receipts (GDRs). In a regulatory statement to the Bombay Stock Exchange (BSE), it said the funds would be raised subject to shareholders' approval.

August 12th, 2009 NEW DELHI - The number of air passengers dipped 4.9 percent to 2.48 crore during January-July this year as compared to 2.6 crore in the like period last year, official data released here Wednesday said. Private carrier Jet Airways and its low-cost carrier JetLite, with 26.3 percent market share, carried most number of passengers during the period.

August 5th, 2009 NEW DELHI - Private carrier Kingfisher Airlines has reported a net loss of Rs.1,608.09 crore ($338.5 million) for 2008-09, but said it has plans to raise Rs.500 crore from the equity market. The airline's expenses on employees cost stood at Rs.823.85 crore last fiscal, while expenses on aviation fuel and aircraft lease rental were respectively at Rs.2,602 crore and Rs.1,185.13 crore, Kingfisher said in a regulatory statement Wednesday.

July 17th, 2009 NEW DELHI - The government Friday said it has fined private carrier Kingfisher Airlines Rs.26.46 crore for delay in remittance of tax deducted at source (TDS). Minister of State for Finance S.S.

June 17th, 2009 NEW DELHI - Air travel on Jet Airways and Kingfisher Airlines has become costlier, with both carriers Wednesday increasing fuel surcharge on tickets by Rs.400 on all domestic sectors. Attributing the decision to an increase in aviation fuel prices, Jet said the fuel surcharge would be applicable on all Jet Airways, Jet Airways Konnect and JetLite flights from Wednesday.

April 20th, 2009 NEW DELHI - India's flagship carrier Air India Monday said it has no 'immediate' plan to raise fares even as other airlines Kingfisher and Jet Airways have hiked fares on account of rising fuel costs. Ruling out any immediate fare hike, an Air India spokesperson told IANS: 'We have been No.3 for quite sometime.

April 19th, 2009 NEW DELHI - The new domestic departure terminal of the Indira Gandhi International airport became operational here Sunday with an Indigo flight taking off for Guwahati early in the morning. A spokesperson of airport developer Delhi International Airport Ltd (DIAL), a GMR-led consortium, told IANS: 'The first Indigo flight for Guwahati took off at 5.30 a.m.

April 19th, 2009 NEW DELHI - A sleek new domestic departure terminal of the Indira Gandhi International Airport became operational Sunday, replacing a decades-old cramped terminal that was synonymous with disorder and lacked basic facilities for a modern traveller. A spokesperson of airport developer Delhi International Airport Ltd (DIAL), a GMR-led consortium, told IANS: 'The first Indigo flight for Guwahati took off at 5.30 a.m.

April 18th, 2009 NEW DELHI - Kingfisher Airlines Saturday raised fuel surcharges by up to Rs.300 following successive rises in jet fuel prices. 'Consequent upon successive increases in ATF (aviation turbine fuel) prices, from midnight today (Saturday), the fuel surcharges of Kingfisher Airlines stands increased by Rs.200 for sectors below 750 km and by Rs.300 for sectors above 750 km,' a company statement said.

April 17th, 2009 NEW DELHI - Kingfisher Airlines, its low-cost carrier Kingfisher Red and Indigo Airlines will operate from the new domestic terminal (1D) at the Indira Gandhi International Airport here from April 19, the airport developer announced Friday. Jet Airways and its low-cost carrier JetLite, as well as SpiceJet will begin operating from the new terminal later this month.

March 14th, 2009 NEW DELHI - Kingfisher Airlines has emerged as the dominant player for the second consecutive month in February flying 904,000 passengers, official data released here Friday showed. Jet Airways, along with its low-cost airline JetLite, was next with 846,000 passengers, while state-run Air India (domestic) flew 574,000 passengers, the data released by the civil aviation ministry said.

January 29th, 2009 NEW DELHI - In a new offer, India's flag carrier Air India has pegged its economy class fare at Rs.99 (excluding Rs.3,024 as fuel surcharge) on all domestic sectors till Feb 28, an airline official said. Besides this, it has launched another scheme under which travellers booking tickets 21 days in advance will also be offered tickets at Rs.99 each.

January 12th, 2009 NEW DELHI - Private carrier Jet Airways, together with its low-cost airline JetLite, was India's largest domestic air services operator in 2008, ferrying some 12.01 million passengers for a market share of 29.5 percent, latest data showed Tuesday. Vijay Mallya's Kingfisher Airlines, along with its budget carrier Kingfisher Red, was next, flying 11.26 million passengers to capture a 27.6 percent market share, as per data released by the civil aviation ministry.

January 3rd, 2009 NEW DELHI - Vijay Mallya-led Kingfisher Airlines will launch its daily non-stop Mumbai-London flight from Monday. 'We will launch our first flight from Mumbai to London tomorrow (Monday),' a Kingfisher spokesperson said Sunday.

January 1st, 2009 NEW DELHI - The UB Group-owned Kingfisher Airlines Thursday announced a 21 to 65 percent fare cut on various routes with effect from Jan 1. 'The declining price of ATF (air turbine fuel) facilitates such consumer-benefiting initiatives that will also stimulate the industry.