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Kingfisher Airlines' Q1 loss Rs.651 crore
New Delhi, Aug. 11 -- Cash-strapped Kingfisher Airlines Saturday reported a net loss of Rs.650.78 crore for the quarter ended June 30, 2012 from a loss of Rs.1,151 crore in the corresponding period of 2011-12.
The company said in a statement that the impact of high fuel cost, high interest rate, expenses on account of return of aircraft to the lessors were the reasons for the staggering loss for the quarter under review....
The company said in a statement that the impact of high fuel cost, high interest rate, expenses on account of return of aircraft to the lessors were the reasons for the staggering loss for the quarter under review....
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