Moderators: jsumali2, richierich, ua900, PanAm_DC10, hOMSaR
Quoting cipango (Reply 2): Very good airline that doesn't deserve to fail. |
Quoting Boeing747_600 (Reply 8): I'm sorry but an airline that cannot meet operating costs and payroll should not be kept afloat just for the service that they offer on board. All of that comes at a price that they cannot afford and neither should the taxpayer. |
Quoting jr (Reply 9): Getting tired of these Kingfisher stories. It is always someone else's fault than their own. Aircraft reconfig, govt freezing bank accounts, what next? ... Planes not wanting to move as the next excuse whey there is no gas because they did not pay for it? If the govt unfreezing the bank acounts would result in employees getting paychecks, why weren't they paid in first place before the freeze? |
Quoting Boeing747_600 (Reply 8): I'm sorry but an airline that cannot meet operating costs and payroll should not be kept afloat just for the service that they offer on board. |
Quoting smi0006 (Reply 10): I would be fascinated to see what the Indian aviation industry would look like if AI was forced into a situation where it was a business and not a government department. |
Quoting legacyins (Reply 6): It goes back to the old joke.... How does a billionaire become a millionaire? Start an Airline. |
Quoting smi0006 (Reply 10): I am always curious as to what impact the artifical survival of AI is having on 9W and IT. |
Quoting cipango (Reply 2): Very good airline that doesn't deserve to fail. |
Quoting smi0006 (Reply 10): I am always curious as to what impact the artifical survival of AI is having on 9W and IT. I would be fascinated to see what the Indian aviation industry would look like if AI was forced into a situation where it was a business and not a government department. |
Quoting Boeing747_600 (Reply 7): I'm sorry but an airline that cannot meet operating costs and payroll should not be kept afloat just for the service that they offer on board. All of that comes at a price that they cannot afford and neither should the taxpayer. |
Quoting legacyins (Reply 5): It goes back to the old joke.... How does a billionaire become a millionaire? Start an Airline. |
Quoting flyingalex (Reply 18): I know it in this version: Q: What's the quickest way to make a small fortune? A: Start with a large fortune and found an airline! |
Quoting flyingalex (Reply 18): The only thing they have succeeded at is looting our government by taking millions of dollars worth of loans which they will never pay back. The longer they drag this out, the worse it will be for the sector. |
Quoting Archer (Reply 26): How many and what type aircraft do they have on order? |
Quoting aeroblogger (Reply 17): Kingfisher is a very poorly managed airline, with a unsustainable business model. |
Quoting jayeshrulz (Reply 29): but hundreds of pilots and other crew would lose their jobs! |
Quoting AustrianZRH (Reply 27): 42 A32S 15 A330 5 A350 5 A380 |
Quoting AustrianZRH (Reply 27): According to their 2010 investor report (http://www.flykingfisher.com/pdf/KFA-InvestorPresentation-March2010.pdf), the following: 42 A32S 15 A330 5 A350 5 A380 |
Quoting faugusto0264 (Reply 28): Perhaps 9 out of 10 airlines that used to exist 20 years ago folded, I suppose - from state-owned companies such as Sabena, Swissair and Malev to traditional companies such as PanAm, TWA, Varig and Braniff - not to mention smaller and/or low cost companies such as Skyeurope, Dan-air, Piedmont, Spanair and even others such as Iberia, KLM and TAM that ended being incorporated by the concorrence ... All gone for different ultimate causes but ultimately for not having a "sustainable business model". |
Quoting usflyer msp (Reply 33): Apparently only 16 of their 64 aircraft are in a flyable condition currently. The rest have been repoes or are in need of mx. Sad. |
Quoting aeroblogger (Reply 17): I sincerely hope that they disappear soon. The only thing they have succeeded at is looting our government by taking millions of dollars worth of loans which they will never pay back. The longer they drag this out, the worse it will be for the sector. |
Quoting golfradio (Reply 31): Sure a lot of the cabin crew and other staff are out of luck. But if I was working for IT, I would have seen the writing on the wall a long time ago. |
Quoting usflyer msp (Reply 33): Apparently only 16 of their 64 aircraft are in a flyable condition currently. The rest have been repoes or are in need of mx. Sad. |
Quoting COEWR787 (Reply 35): I see that Continental on its website is offering connections to Kingfisher flights that are known to be not flying on the days that connections are being offered. not good IMHO. I have not tried actually buying a ticket. maybe it fails at that point. |
Quoting audidudi (Reply 2): Vijay Mallya is a billionaire, so if he cares at all about his airline, then why doesn't he cough up a few million from his own pocket to keep it going? Probably thinks it's more important to run his Formula One Team Force India than to save his airline. |
Quoting PlaneAdmirer (Reply 32): There is a thread on UA's next order and part of me wonders whether it makes more sense to scoop orders of failed airlines rather to initiate new ones. |
Quoting hohd (Reply 36): Now with AI, yes. AI currently has about INR 70,000 crores (about $14 billion) in debt. Guess who will be paying that. Either the Indian tax payer or it will added to the external debt. |
Quoting Revelation (Reply 41): Why? Did the taxpayers finance IT? |
Quoting AustrianZRH (Reply 27): According to their 2010 investor report (http://www.flykingfisher.com/pdf/KFA-InvestorPresentation-March2010.pdf), the following: 42 A32S 15 A330 5 A350 5 A380 |
Quoting akelley728 (Reply 44): |
Quoting jayeshrulz (Reply 29): I hope this airline stays. Not because of the passenger's sake, but hundreds of pilots and other crew would lose their jobs! |
Quoting WY101 (Reply 45): Quoting akelley728 (Reply 44): Actually Airbus has massive orders from many carriers around the world. North and South America, Europe, MENA, Far East, Oceania . so I don't think they will be that affected. |
Quoting COEWR787 (Reply 35): Quoting usflyer msp (Reply 33): Apparently only 16 of their 64 aircraft are in a flyable condition currently. The rest have been repoes or are in need of mx. Sad. Yep. 8 ATRs and 8 320s according to recent reports. |