Indian Billionaire Vijay Mallya’s Kingfisher Airlines is re-evaluating whether it should launch the international operatios or defer it for a few months.
Due to sharp rise in aviation turbine fuel prices, the slowdown in international travel and the uncertainty in the aviation market (many US carriers have gone bankrupt) Kingfisher Airlines has decided to rethink its whole strategy of flying abroad.
Kingfisher Airlines was scheduled to launch its international operations with a Bangalore-San Francisco service on August 27. The inaugural flight to San Francisco was to be followed with flights to other destinations like New York, London and cities in South-East Asia.
[ Source : Business Standard ]