Company Profile For Kingfisher Airlines Limited

Kingfisher Airlines Limited (KING.BO) (Bombay Stock Exchange)

sector: Industrials · industry: Airlines ·

As of 12:47pm IST

53.25INR

Price Change

-0.65

Percent Change

-1.21%

Analyst Recommendations

Overview

Kingfisher Airlines Limited, formerly Deccan Aviation Limited, is an India-based company engaged in rendering scheduled and unscheduled air passenger services, including charter services. The Company offers three classes of service: Kingfisher First (premium business class of service), Kingfisher Class (premium economy class of service) and Kingfisher Red (low fare basic class of service). During the fiscal year ended March 31, 2009, the Company carried approximately 10.9 million passengers, with a fleet to 77 aircraft, a schedule of 412 domestic and eight international flights daily and a route network covering 70 domestic and two international destinations. The Company’s wholly owned subsidiary is Vitae India Spirits Limited.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Kingfisher Airlines Ltd's revenues decreased 11% to RS24.51B. Net loss increased 2% to RS6.56B. Revenues reflect a decrease in income from operations and a fall in other income. Higher loss was partially offset by a decrease in employee costs, a fall in aircraft fuel expenses, a decrease in other operating expenses and a fall in interest expense.