Thursday, November 17, 2011

How Kingfisher can make money

A certain flight travelling from Amritsar to Birmingham, carring many Indian tourists in it, halted midway in Vienna and asked its passengers to cough up a large amount of money as the airline could not afford to pay for the journey's second half. This is not fake news- it's real!! Read the full report here.

Some of the lossmaking Indian airline services can take a cue from this. It's common knowledge that  Kingfisher, Jet Airways and Air India have been making huge losses. It's time they tried this trick in their domestic flights, and they will see how their balance sheets will take an about turn.

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