Wednesday, November 16, 2011

Turbulence in the skies over Kingfisher Airlines

One of my first posts on this blog was my review of Kingfisher Airlines. At the time, I suggested that the airline was more talk than substance. This week's earnings shortfall, reported by my friend Vikas Bajaj in the New York Times, suggests that the clouds over KF have grown darker.

Kingfisher, in my opinion, has been long on promise but short on delivery for years. I don't need a model helping me to my seat, I need someone who can manage the process efficiently (though the fact she isn't a tank may be preferable). The government should let the market rationalize supply by letting this poorly executed venture fail. Fly away Kingfisher, far away. 

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