Kingfisher Grounds 15 Planes, Working With Banks

Kingfisher Grounds 15 Planes, Working With Banks

  Beleaguered Kingfisher Airlines has grounded 15 planes in its fleet as it battles a prolonged cash crunch, a company executive said, as banks continue efforts to prop up the airline, which until recently was India’s second-largest. A Kingfisher executive, who declined to be identified, told reporters the airline had grounded 15 of its planes […]



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