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Archive for 2009/07/29


Kingfisher’s debt INR60bn, aims for INR5bn in fresh equity

Kingfisher Airlines has 60 billion Indian rupees ($1.25 billion) of debt on its balance sheet, and plans to raise 5 billion Indian rupees by tapping India’s…

Kingfisher reports INR16.09bn losses for FY2008-09

Updated with results for first quarter of 2009-2010 financial year.
India’s Kingfisher Airlines has posted a net loss of 16.09 billion Indian rupees…

Cebu Pacific to up Manila-Kuala Lumpur services

The Philippines’ Cebu Pacific plans to increase its Manila-Kuala Lumpur service to daily from five-times weekly due to rising demand on the sector.
The…

Jetstar to launch Sydney-Perth in October

Australia’s Jetstar will launch a daily Sydney-Perth service from 2 October, and plans to use subsidiary Jetstar Asia on the Perth-Jakarta route from 14…

Virgin Blue raises A$133.1m from institutional investors

Virgin Blue has successfully completed the A$133.1 million ($110 million) institutional component of a fund raising plan that it announced on Monday.
The…