Kingfisher Airlines to ramp up international operations

Image
Aneesh Phadnis Mumbai
Last Updated : Jan 21 2013 | 12:12 AM IST

Kingfisher Airlines is set to ramp up its international operations, adding flights to Colombo and Male (Maldives) this winter.

International operations contribute only 22 per cent to the airline’s total revenue. In contrast, Jet Airways’ the share of international operations to its revenue is 57 per cent. However, the airline is tapping into new markets to increase its earnings. In the last financial year, Kingfisher had earned Rs 1,460 crore from international routes, and its total revenue stood at Rs 6,496 crore. For international operations, the airline recorded an operating loss of Rs 130 crore in 2011. In 2010, the loss stood at Rs 430 crore. The airline currently operates 28 international flights.

“We are planning to launch several flights in south India and have secured the permission to start operations with a direct flight from Mumbai to Male. Kingfisher Airlines is lining up to join oneworld and we are seriously considering global expansion,'' said a Kingfisher Airlines spokesperson in an email response. oneworld is a global alliance of airlines comprising British Airways, Cathay Pacific and Qantas.

The airline is set to launch daily direct flights to Colombo from Kochi, Thiruvananthapuram and Tiruchirapalli later this month. This follows the new Chennai route, the third-busiest international route from India. "There is round-the-year traffic to Maldives. Daily, about 60-80 people travel from Mumbai to Maldives through Colombo or Bangalore,'' said D J Ashar, director, Make Plans Travel Services, which specialises in island holidays.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 11 2011 | 12:52 AM IST

Next Story