Kingfisher woes: Mumbai to Delhi flight for Rs 12,000 and above
The common man now has to pay as much as Rs 23,000 for a one way Delhi-Mumbai flight due to fewer flights. Before cash-strapped Kingfisher Airlines hit the latest airpocket the average economy fare for a Delhi-Mumbai flight was between Rs 6,000 and Rs 7,000.
Jet Airways Q4 net loss widens to 4.96 billion rupees
NEW DELHI (Reuters) - Jet Airways, which recently agreed to sell a 24 percent stake to Gulf carrier Etihad, reported a wider quarterly loss, hurt by higher costs.Jet said its net loss was 4.96 billion rupees for its fiscal fourth-quarter ended March, compared with a net loss of 2.98 billion rupees reported a year earlier.Etihad's about $370 million investment in Jet is the first by an overseas ...
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