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Old Feb 3, 12, 12:22 pm   #1
 
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Kingfisher Airlines’ OneWorld Membership Deferred, Suspended From IATA Clearing House

http://aeroblogger.com/2012/02/03/ki...learing-house/

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Kingfisher Airlines has had a rough enough couple of days to warrant yet another post on the topic. Yesterday, it was suspended from the IATA clearinghouse. Today, it was announced that oneworld alliance is deferring its application until it can get its financial side in order. These are massive blows to Kingfisher from which it won’t recover easily from.

...

The deferral of oneworld membership and the suspension from the IATA Clearing House are related, according to sources at IATA and oneworld. It appears that oneworld carriers do not want to deal with Kingfisher Airlines directly, worrying about financial risk. Therefore, they decided to delay Kingfisher’s entry into the alliance until their finances are back in order. It is unclear whether they mean that Kingfisher should rejoin the IATA Clearing House, or whether they should completely return to profitability. If the demand is the latter, chances are Kingfisher won’t be joining oneworld any time soon. If it is the former, Kingfisher’s delay might be relatively short. Sources indicate that Kingfisher will probably join between Air Berlin and Malaysia Airlines if it is accepted once again.

...
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Old Feb 3, 12, 9:31 pm   #2
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Oh dear....
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Old Feb 4, 12, 12:29 am   #3
 
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oh dear indeed.
malev and kingfisher in a matter of days

next us air will takeout aa, and air china will buy the rest if cx from swire
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Old Feb 4, 12, 3:03 am   #4
 
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If US buys AA, I'd bet that US would join oneworld, not the other way around. If that didn't happen, then oneworld would be dead. An alliance without an American member would be utterly useless.
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Old Feb 4, 12, 9:58 am   #5
 
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Japan Airlines which was in bankruptcy just last year.
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Old Feb 4, 12, 11:52 am   #6
 
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Japan Airlines which was in bankruptcy just last year.
They're at least recovering though.
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Old Feb 5, 12, 12:29 pm   #7
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Goodness, sick of this bad news. I had no news of MA.
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Old Feb 9, 12, 6:37 pm   #8
 
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CX has terminated its interline ticketing and baggage agreement with IT effective 10FEB. I guess things do not look that positive.
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Old Feb 10, 12, 8:25 am   #9
 
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IT reinstated back into IATA, as per http://www.4-traders.com/KINGFISHER-...ouse-14016724/
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Old Feb 11, 12, 10:06 am   #10
 
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IT reinstated back into IATA, as per http://www.4-traders.com/KINGFISHER-...ouse-14016724/
That is actually good news. Hoping to see more good news ahead...
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Old Feb 13, 12, 12:15 pm   #11
 
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From latest Kingfisher 'King Club' email...

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As you may already know, over the last 18 months we have been working diligently towards integrating into the prestigious oneworld® alliance. We are now fully capable to achieve this milestone. Given our current key priorities which are centered around recapitalization of our company coupled with addressing ongoing challenges of the industry, we deliberated with oneworld management company on the timing of this alliance. I share your disappointment in stating the deferring of this alliance. I assure you that it is only a deferment and very shortly indeed we will be a part of the oneworld alliance.
Believe the last bit when I see it
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Old Feb 14, 12, 4:42 pm   #12
 
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i'm waiting on IT to become oneworld so i can get free bags on AA...
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Old Feb 14, 12, 5:42 pm   #13
 
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i'm waiting on IT to become oneworld so i can get free bags on AA...
IT's employees are waiting to get paid, not having been paid for two months...

http://atwonline.com/operations-main...wo-months-0214
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Old Feb 21, 12, 6:46 am   #14
 
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On Tuesday, after canceling dozens of flights during a long holiday weekend, the airline’s executives told Indian aviation officials that they would now fly just 175 flights a day, down more than half from September, when it flew 370 flights. The airline cut flights after some of its pilots, who had not been paid since December, quit
http://www.nytimes.com/2012/02/22/bu...l?ref=business
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Old Feb 21, 12, 9:06 am   #15
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