Kingfisher Airlines

Decline of Kingfisher Airlines “The flight loads have reduced because of our limited distribution ability caused by IATA suspension. We are therefore combining some of our flights. Also, some of the flights are being cancelled as a result of employee agitation on account of delayed salaries. This situation has arisen as a consequence of our bank accounts having been frozen by the tax authorities. We are making all possible efforts to remedy this temporary situation’ -Vijay Mallya, Press statement

INTRODUCTION: Kingfisher Airline is a private airline based in Bangalore,India. The airlines owned by Vijay Mallya of United BeveragesGroup. Kingfisher Airlines started its operations on May 9, 2005 witha fleet of 4 Airbus A320 aircrafts. The airline currently operates ondomestic routes. The destinations covered by Kingfisher Airlines areBangalore, Mumbai, Delhi, Goa, Chennai, Hyderabad, Ahmedabad,Cochin, Guwahati, Kolkata, Pune, Agartala, Dibrugarh, Mangalore and Jaipur. In a short span of time

Isha Gupta 140101069 Section G Decline of Kingfisher Airlines “The flight loads have reduced because of our limited distribution ability caused by IATA suspension. We are therefore combining some of our flights. Also, some of the flights are being cancelled as a result of employee agitation on account of delayed salaries. This situation has arisen as a consequence of our bank accounts having been frozen by the tax authorities. We are making all possible efforts to remedy this temporary situation’

Kingfisher Airlines Limited was an airline group based in Bengaluru in India and it was subsidiary company of United Breweries Group. It was owned by CMD Vijay Mallya. It was established in 2003 and started its operation on 9 May 2005. It operated flights to 25 domestic destinations in India. On 3rd September 2008, Kingfisher Airlines started its first international operations by connecting Bengaluru to London. Kingfisher was originally launched as an economy airline with single – class configuration

weakened the company’s performance over time. It was been reported that the Kingfisher Airlines was unable to pay the aircraft lease rental on time Since 2008. 15 of the 66 Kingfisher airlines were grounded due to its inability to fund its overhead expenses and maintenance charges. GECAS: In November 2008, GE Commercial Aviation Services (GECAS) threatened

Kora James Instructor’s Name : Peterson December 19, 2014 Leadership Assignment - I Vijay Mallya - King of Good Times INTRODUCTION The Indian liquor baron Dr. Vijay Mallya was born on 18 Dec, 1955. Son of Vittal Mallya who was a famous industrialist and the former chairman of the United Beverages (UB Group). Mentored by his strict father, he graduated from St. Xavier 's College, Calcutta, with a Bachelor of Commerce degree in 1975 (with honors) and joined the business showing signs of being

KINGFISHER AIRLINES  Vijay Mallya is the CEO of KINGFISHER AIRLINES  Kingfisher Airlines was established in 2003. It is owned by the Bangalore based United Breweries Group.  Kingfisher Airlines launched its domestic air service operations in May 2005.KFA was promoted by UB group and offered a single class- “Kingfisher Class”.  It started its international operations on 3 September 2008 by connecting Bangalore with London.  Its head office is Kingfisher House in Vile

known as an unfamiliar, very colorful group of birds who have about ten different families within their group. Subsequently, the order of this group is divided into four suborders along with ten families. It begins with the Alcedines involving the kingfishers, todies, and motmots families (Association of Zoos and Aquariums ). The second suborder is known as Meropes covering the bee-eaters family, and next in this category is the Coracii involving the rollers, ground-rollers, cuckoo-rollers, hoopoes,

Executive summary Being one of the top airline industry for almost half a decade, Kingfisher airline went into bankruptcy recently. Unstable top management coupled with some bad decisions hampered the growth of kingfisher Airlines. Constant change in the management, sudden shift from economy segment to luxury segment, a decision to buy Air Deccan even though Kingfisher was not making enough profits, lack of strategic decision from top management to tackle the soaring fuel prices tied with some other

history of Indian Aviation industry lies back in the year 1912.The first domestic flight was taken between Delhi and Karachi by the Indian State Air Services. Tata Airlines started with an air mail service in the year 1912.It was renamed as Air India in 1946. There were few players at the time of independence including Tata Airlines, Indian National Airways, Deccan Airways .In 1953 ,the government nationalized the