Kingfisher Airlines has begun service at Singapore Changi Airport. The carrier is the seventh new airline to commence operations to Changi Airport in 2009. Kingfisher will operate daily flights between Singapore and Mumbai, increasing the number of flights on the route by 25 percent to 70 per week, with five airlines, including Kingfisher, offering service. [...]
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The launch of flights from India to Hong Kong marks the first time that Kingfisher Airlines will fly to East Asia. Hong Kong is the 6th international destination to be served by Kingfisher Airlines.
Kingfisher Airlines Capital International PE Looks At India’s Consumer Demand – The private equity arm of Capital International is looking at Indian consumer-related companies for investments. The private equity fund has exited two of its three investments in India in last few months. The fund will focus on businesses in areas such as education, food [...]
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Kingfisher Airlines Ltd, the Indian carrier owned by the nation’s largest brewer, may raise as much as $175 million selling shares and global depository receipts to repay debt. The carrier may seek between $80 million and $100 million in a rights offer and a further $60 million to $75 million selling Global Depository Receipts (GDRs), [...]
Kingfisher Airlines may sell stock to existing shareholders to raise US$80mn-100mn. The company may also sell GDR for fund raising. The airline plans to raise funds for reducing debt. Shares of Kingfisher Airlines ended flat at Rs51.95 The stock opened at Rs52.70 and made an intra-day high of Rs54.50 and a low of Rs51. Total [...]