kingfisher bankruptcy

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Kingfisher cannot be cut

The decline of Kingfisher has been a saga that has gone on for almost two years. The airline gave India the most luxurious flying experience with a five star rating. Since then the airline has undergone a slow death by a 1000 cuts: ts bank accounts were frozen by the tax authorities in late 2011 International routes were closed in April 2012 they lost One World membership one month before it was meant to assume it in 2012 their  operating license  was suspended  in October 2012 the revocation of it’s international flying rights by the Indian…

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