Demise of Kingfisher Imminent ?

[Brown1950 67]

Copy of recent post on PPRUNE

 

Kingfisher are struggling to pay huge fuel debts and airport fees - most aircraft owners and banks are owed rent payments dating back several months. Some aircraft are grounded or out of service and there are some repossessions imminent.

 

Of course KF have been through all this but this time there seems to be some determination not to allow KF to continue to rob Peter to pay Paul and use delaying tactics with creditors to manage cashflow. The question is whether United Breweries will keep funding the operation.? A challenging few months ahead.

 

Don't think i will be booking with this Airline over the coming months !

[glynbuk 29]

worrying, they may skimp on maintenance i guess, strike them off any list for sure

[toss3r 7]

Read this

 

http://www.bbc.co.uk/news/business-15097537

[luco01 51]

As long as it doesn't affect the beer :)