Radarspotting
Miscellaneous => Aviation News => Topic started by: mhm on November 08, 2012, 06:49:43 AM
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.