Predictions for the end of Kingfisher Airlines!
Mar 14, 2012, 1:17 am
#47
Join Date: Mar 2010
Location: Vagabond
Posts: 64
my prediction
Going by the events over the last two days (the wide body repo, the curtailing of the flight schedule, pilot ultimatums, and SBI's firm negative on fresh monetary infusion), it seems that the end is close than most of us would've thought.
For what a rookie's prediction is worth, I say IT will cease to be a scheduled airline, or atleast anywhere near its current corporate size or shape, by the end of this month. March 31, 2012 i say...
I can easily visualize a few tattered IT aircraft sitting out in the elements at small airports... and Mr. VJM giving out periodic statements that they've "chosen" to "temporarily" stop their operations while they plan to come back bigger and better than ever before
For what a rookie's prediction is worth, I say IT will cease to be a scheduled airline, or atleast anywhere near its current corporate size or shape, by the end of this month. March 31, 2012 i say...
I can easily visualize a few tattered IT aircraft sitting out in the elements at small airports... and Mr. VJM giving out periodic statements that they've "chosen" to "temporarily" stop their operations while they plan to come back bigger and better than ever before
Mar 14, 2012, 1:20 am
#48
Join Date: Oct 2010
Location: SEA/ORD/ADB
Programs: TK ELPL (*G), AS 100K (OWE), BA Gold (OWE), Hyatt Globalist, Hilton Diamond, Marriott Plat, IHG Plat
Posts: 7,764
Going by the events over the last two days (the wide body repo, the curtailing of the flight schedule, pilot ultimatums, and SBI's firm negative on fresh monetary infusion), it seems that the end is close than most of us would've thought.
For what a rookie's prediction is worth, I say IT will cease to be a scheduled airline, or atleast anywhere near its current corporate size or shape, by the end of this month. March 31, 2012 i say...
For what a rookie's prediction is worth, I say IT will cease to be a scheduled airline, or atleast anywhere near its current corporate size or shape, by the end of this month. March 31, 2012 i say...
Mar 14, 2012, 8:10 am
#50
Join Date: Mar 2011
Location: HYD/CHI
Posts: 793
Mar 14, 2012, 8:36 am
#51
Join Date: Mar 2010
Location: Vagabond
Posts: 64
Should've paid closer attention to the first post - my bad!
Mar 18, 2012, 10:41 am
#54
Join Date: Nov 2009
Programs: UA Mileage Plus: Premier Silver
Posts: 340
Mallya says that their will be a turnaround plan in a few days. The airline might be closed by then.
http://www.travelbizmonitor.com/king...y-mallya-15938
http://www.travelbizmonitor.com/king...y-mallya-15938
Mar 18, 2012, 2:26 pm
#55
FlyerTalk Evangelist
Join Date: Apr 2009
Location: India
Programs: Bonvoy Lifetime Titanium, IHG Plat, HH Gold, Trident Plat, DL Diamond, AI Maharajah
Posts: 29,698
Mallya says that their will be a turnaround plan in a few days. The airline might be closed by then.
http://www.travelbizmonitor.com/king...y-mallya-15938
http://www.travelbizmonitor.com/king...y-mallya-15938
Mar 19, 2012, 4:51 am
#60
Join Date: Apr 2011
Location: Goa, India
Programs: Marriott Titanium, IHG Plat Ambassador, Hyatt Explorist, Qatar Gold, Vistara Gold
Posts: 1,299
I actually flew a GOI-BLR ATR on Saturday and the flight operated smoothly. If they scale back and resize they might just be able to make ends meet.
