October 14, 2008

Indian Airline Scraps International Plans

Business in brief

AVIATION Kingfisher Airlines, the Indian carrier that launched its first international service just over a month ago, has shelved plans to expand its global flights. The group, which launched its Bangalore to London service on 3 September and is chaired by the tycoon Vijay Mallya, said it was "reviewing all our earlier projections" in light of the financial downturn. Kingfisher has sold three of its five Airbus A340s, despite getting licenses to operate in the UK, US and several Asian countries.

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