Login To Trade  |  About IIFL
  • NIFTY  8337  -24 -0.29%
  • SENSEX 27459.23  -102.15 -0.37%

Kingfisher Airlines Q2 loss at Rs2.20bn

India Infoline News Service | Mumbai | November 08, 2012 09:29 IST

After adjusting for finance cost of Rs. 401 Crores, a one-time cost of Rs. 448 Crores due to re-delivery of aircraft and restructuring / idle costs and taxes, the net loss was Rs. 754 Crores.

Kingfisher Airlines has been in a holding pattern, operating a limited schedule since March 2012.
 
Kingfisher Airlines reported an operating loss for Q2 2012 of Rs. 220 Crores.
 
After adjusting for finance cost of Rs. 401 Crores, a one-time cost of Rs. 448 Crores due to re-delivery of aircraft and restructuring / idle costs and taxes, the net loss was Rs. 754 Crores.
 
Kingfisher Airlines is preparing a comprehensive plan for re-start of operations which will be shared with the DGCA and bankers.
 
The airline is in discussion with various stakeholders to ensure that there are no future disruptions. Kingfisher Airlines expects to resume operations in the near future.
 
BSE 1.36 0 (0%)
NSE 2 0 (0%)

***Note: This is a NSE Chart


Turn your smartphone into a powerful mobile trading platform - Know more!!!

Read more on: Kingfisher  Airlines 
article
113110704972
Kingfisher Airlines Q2 loss at Rs2.20bn
Kingfisher Airlines Q2 loss at Rs2.20bn
After adjusting for finance cost of Rs. 401 Crores, a one-time cost of Rs. 448 Crores due to re-delivery of aircraft and restructuring / idle costs and taxes, the net loss was Rs. 754 Crores.
http://www.indiainfoline.com/article/news-top-story/kingfisher-airlines-q2-loss-at-rs2-20bn-113110704972_1.html
November 08, 2012 09:29 IST
http://content.indiainfoline.com/_media/iifl/img/article/old/full/1725097313_LS_kingfisher_airline
Kingfisher Airlines
Others
$rawVideoFileUrl$
$videoPlayerUrl$
Recent Reports

Revival some time away

India Infoline Research Team / 10:30, Jul 13, 2015

Tourism Finance Corp (TFCIL), a niche financier of tourism related projects and activities, has witnessed a sharp moderation in loan growth from 32% in FY12 to just 1% in FY14

News