Kingfisher Airlines' losses widen

[mhm]

Losses at India's Kingfisher Airlines widened in the July to September quarter, adding to fears about the future of the embattled carrier.

It made a loss of 7.5bn rupees ($138m; £87m) during the period, compared with 4.7bn rupees a year earlier.

Earlier this week, the airline was asked to raise at least $1bn by its biggest lender.
http://www.bbc.co.uk/news/business-20234484


They should have restructured months ago not starting now the banks have stopped funding.