Kingfisher Airlines is in talks with foreign carriers to sell a portion of its stake, Vijay Mallya, Chairman of the airline said today, as per an Economic Times. However, Mallya did not disclose the name of the foreign carriers or the exact stake the ailing airline plans to offload,

The Directorate General of Civil Aviation (DGCA) will carry out an assessment of the capabilities of Kingfisher Airlines Ltd for operating additional flights and then decide whether or not to approve their plan to add 40 daily flights to their current schedule. The airline recently planned to increase their fleet as three Airbus 320s that were grounded since February this year were now ready to rejoin the fleet,

The economic slowdown and declining rupee have impacted the travel and hospitality sector but industry players are hopeful that the business will pick up from the second quarter of this fiscal. “Business travel has been impacted because of overall economic scenario, which has forced companies to cut down on travel and advertising.

Lenders to the bleeding Kingfisher Airlines (KFA) may look at setting up an escrow account to ensure transparency in the disbursement and allocation of fresh funds, as per a Hindustan Times report by Mahua Venkatesh. An escrow account is an agreement between banks and other relevant parties, in which the funds in the account do not belong to the account holder and cannot be therefore used to deal with his other creditors.

Kingfisher Airlines, which has teetered on the brink for months, will be fully recapitalised within six to eight weeks, Sanjay Aggarwal, CEO, Kingfisher Airlines has said. The airline is confident of an equity infusion of USD 500 million to USD 600 million through a mix of fresh funds as well as capital from the banks,

Kingfisher Airlines, which has teetered on the brink for months, will be fully recapitalised within six to eight weeks, Sanjay Aggarwal, CEO, Kingfisher Airlines has said. The airline is confident of an equity infusion of USD 500 million to USD 600 million through a mix of fresh funds as well as capital from the banks, Aggarwal stated, according to a report in the Economic Times report by Manisha Singhal. Aggarwal’s optimism is based on expectations that private equity investors will find the low valuations attractive,

The US airline industry has sued the Export Import Bank (Exim) alleging that its financial support to Air India, which is in deep red, will harm the American airlines. In a revised complaint filed before a US court on February 17, 2012, the Air Transport Association of America,

Domestic airfares have increased by 10-30 per cent recently mainly on account of Kingfisher Airlines cancelling several of its flights connecting different parts of the country. A Bangalore-based travel agent said that with Kingfisher Airlines curtailing flights, fares on some of the popular sectors such as Bangalore-Delhi have almost doubled. For instance, a Bangalore-Delhi ticket, which was earlier available for about Rs 7,500, is now going at Rs 13,000-14,000.

Vijay Mallya-led Kingfisher Airlines yesterday reported a 75 per cent year-on-year jump in net losses at Rs 444 crore for the quarter ended December 2011 against Rs 254 crore a year-ago, plunging the bleeding carrier further into a financial crisis that threatens its survival. Cash-strapped Kingfisher has grounded nearly one-third of its fleet and is struggling to pay salaries to employees.

Aircraft manufacturer ATR has cancelled Kingfisher Airlines' order for 38 ATR-72 turboprop aircraft as the carrier failed to make certain pre-delivery payments. Kingfisher, which is facing an acute cash crunch and is seeking urgent cash infusion, has a fleet of 64 aircraft including 26 ATRs. However, nearly 20 of them have been grounded for want of spares. According to ATR spokesperson David Vargas, an order for 65 aircraft was placed in 2005-06.

The Job Description:
In this position you would be responsible to support the sales activities and achieve business targets, this will include analyzing and formulating sales plans, achieving revenue targets, client acquisition, expanding the distribution network, enforcing systems, people development, building relations with government / external agencies and promoting Kingfisher brand and products. You will be expected to deliver the higher standards of services.

The Candidate:
Ideally graduate, having 1-2 years of working experience in Airline / Travel / Hospitality industry along with recognized IATA / Airline Basic Tariff Course and International Fares and Ticketing Certificate.

Requirements:

Kingfisher Airlines revamped its frequent flyer programme King Club and launched its new tier of membership, King Platinum.

After a 16-year wait, the airport at Salem in western Tamil Nadu became operational again, with Kingfisher Airlines kicking off its Chennai-Salem services on Sunday.

Puducherry is the only airport that does not have commercial services in the southern region.
The flight takes an hour to reach Salem. The Chennai-Salem flight will depart from Chennai at 2.50pm and reach Salem at 3.50pm. In the return direction, the flight will take off at 4.20pm and reach Chennai at 5.20pm. If booked seven days in advance, the fare would be Rs 2,529. For bookings within a week, the fare would range between Rs 2,859 and Rs 7,200. On the first day, the flight from Salem to Chennai was almost full barring one vacant seat.

The new service will help residents of Salem to fly to Delhi via Chennai. The Salem-Delhi air ticket via Chennai would cost Rs 6,700.

Located on a sprawling 136-acre extend donated by local traders and industrialists, the Salem airport lay in disuse since 1993 as no airline was willing to invest in this sector. The NEPC airlines started its service only to shut it down because of poor patronage.
16/11/09 Times of India

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KEY RESPONSIBILITIES OF THE JOB (KRA)

Work as part of a team to achieve department’s goals and objectives.
To follow process as per the laid down work flow.

To ensure own performance records are accurately maintained and take initiative for personal training and development.
Contribute to process reviews & document or assist in the documentation of any required alterations/additions to current procedures.
Confirm to departmental policies & procedures.
To maintain speed and accuracy on the process.
To comply with the company quality guidelines.
To maintain confidentiality of information and not divulge process related information.
Ensuring efficient handling of member queries & grievances.
Ensuring efficient operation of King Club member services centre.
Handling Calls, Emails and Redemption from members.
Service members in the laid down TAT.

Contact | Lakshmi
Mob: 9986652309Tel: +91.80.3052.1600

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Kingfisher Red airline passengers, who got mailers from the airline saying that from October 10 they will have to buy meals on board, have good news in the offing.
On Wednesday, in a meeting of its executive committee, Vijay Mallya, owner of Kingfisher airlines, decided that the airline will continue free meals on board its low-cost arm. This was confirmed by the airline's spokesperson.
Kingfisher was re-thinking of selling food on board to its passengers rather than giving it complimentary since August. According to a top executive of the airline, Mallya is looking to fight the service battle and wants to up the ante by continuing to offer food when other low cost carriers are being frugal.

Naveeta Singh & Baljeet Parmar/Daily News & Analysis




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Kingfisher Airlines today announced the launch of Kingfisher e─Coupon, a paperless form of payment which can be utilised to buy tickets of Kingfisher Airlines. Guests can buy Kingfisher e─Coupons in multiples of four, six or eight based on their travel requirements in all three classes of service i.e. Kingfisher First, Kingfisher Class and Kingfisher Red.

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This service will provide guests with option to buy these e─Coupons at a fixed price and use the same for their travel requirements.

To avail of Kingfisher e─Coupons, guests can choose from the available list of e─Coupon products after giving personal details. When a guest buys the e─Coupons, a set of e─Coupon numbers along with the PIN number and log─in credentials will be sent through email and SMS. Using the log─in credentials, one can log on to the airline website and use the e─Coupon to book their flight. Every Kingfisher e─Coupon will have distinct features and will be sold through various channels of sale namely Kingfisher Airport office, Kingfisher City Ticketing office or any certified Kingfisher Airlines IATA approved travel agent.

source| travelBizMonitor.com