Grounded Kingfisher Airlines posts $380 million loss
NEW DELHI (Reuters) - Debt-laden Kingfisher Airlines Ltd, which has not flown since last October, reported yet another quarter of loss, and the resumption of operations is still not in sight as it struggles to win regulatory approvals.Kingfisher, once India's No.2 carrier, said net loss widened to 21.42 billion rupees for its fiscal fourth quarter ending in March, compared with a net loss of 11.5 ...
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