Kingfisher Airlines post major losses

Kingfisher Airlines post major losses

Indian airline company Kingfisher Airlines has come out with their latest revenue report.

The company stated that its net income rose to Rs 1,447 crore in the third quarter of this fiscal.

This figure is up from Rs 1,353 crore in the same quarter in the previous year.

The company however posted net losses of Rs 626 crore in this period.

Kingfisher added that they are now India’s largest domestic airline.

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