Kingfisher to reconfigure aircraft
Mumbai, Oct 5 : Close on the heels of deciding to focus on full service segment of air travel, Kingfisher Airlines (KAL) Wednesday said that, within four months, it would reconfigure all its Airbus aircraft, including single-cabin aircraft, into dual- cabin aircraft.
According to Kingfisher CEO Sanjay Aggarwal, this would be done by reducing premium business class cabin and increasing the number of full service economy class seats, leading to around 10 percent increase in capacity, but with the existing comfort levels.
"The reconfigured aircraft will have the seat equivalency of a low fare carrier but an opportunity to generate much higher revenue as demonstrated by current yields," Aggarwal said.
While Kingfisher will achieve incremental business class revenue as a result of wider and uniform availability, the airline would also generate incremental revenue through its increased full service economy class capacity, he added.
Dismissing speculation in some sections of the media, Aggarwal said there would be "no reduction in Kingfisher's fleet size or its network of 60 domestic and eight international destinations".
Explaining the Kingfisher's decision to focus on the full service segment, Aggarwal said that operating costs of low cost carriers (LCC) and full service carriers in terms of fuel, airport charges, engineering, maintenance and crew costs were similar.
Full service carriers incurred additional costs on global distribution, in-flight catering, ground amenities and the frequent flyer programme. But, these were more than recovered through higher yields, he said. Touching on the competition aspects, Aggarwal said that besides the large number of new aircraft orders placed in 2004-05, Indian LCCs had recently placed orders for more than 250 new aircraft. Agencies
2011-10-05
blog comments powered by Disqus
Report Corruption
Please let us know if you have paid a bribe and we will report it to the concerned authorities. Help us curb this menace from society.
Please let us know if you have paid a bribe and we will report it to the concerned authorities. Help us curb this menace from society.
Report Public Issues
Report your issues that you face day-to-day. We will report your issue with the concerned department and try to get it resolved.
Report your issues that you face day-to-day. We will report your issue with the concerned department and try to get it resolved.
News in Images
A quick glance at the weekly news.
A quick glance at the weekly news.
Free Classifieds
Buy or Sell anything in India.
Buy or Sell anything in India.
Watch Raw Videos Raw videos of real happening events. May contain disturbing scenes, watch only if you are over 18. |
 |
Crude bomb found on Kingfisher flight; authorities term it as a security lapse |
| Thiruvananthapuram, Mar. 21 (Agencies): A country-made bomb was found onboard the Bangalore-Thiruvananthapuram Kingfisher flight on its arrival at th |
 |
The man who planted a bomb on Kingfisher aircraft |
| March. 28. 2010 (Agencies): The man who planted a crude bomb in a cargo compartment of Kingfisher flight IT-4731 earlier this week has been identified |
 |
Air traffic in India continues to rise |
| New Delhi, July 15: Air traffic in India continued to show a marked improvement since the financial downturn in the past two years, with total passen |
 |
MP Anjan Kumar Yadav releasing Kingfisher bird on the occasion of Vijaya Dasami |
| Hyderabad Deccan News 07 Oct 2011 : MP Anjan Kumar Yadav releasing Kingfisher bird on the occasion of Vijaya Dasami. Also seen Shri Vakulabharanam Kri |
 |
Kingfisher Airlines enters into alliance with Royal Caribbean |
| New Delhi, April 20 : Leading private airline Kingfisher Airlines Wednesday said it has entered into an alliance with global cruise lines operator Roy |
 |
IAF to upgrade SU-30 fighter aircraft |
| New Delhi, July 4: Modernising its fighter jet fleet, the Indian Air Force is going to upgrade its SU-30 MKI combat aircraft with the help of Russia. |
 |
100th aircraft to join Jet Airways fleet |
| Mumbai, Nov 17 : India's largest private airline, Jet Airways has accepted delivery of its 100th aircraft, a swank new Boeing 737-800, a top company |
 |
MiG 27 resumes operational flying |
| New Delhi, June 18: The MiG 27 fighters, which were grounded in February after a crash, have resumed operational flights following clearance by the I |
 |
UAE apologises for aircraft row, India assures early release |
| UAE, Sept. 8 2009: India on Tuesday said the United Arab Emirates (UAE) has "apologised" for not declaring the consignment of weapons its China-boun |
 |
Air India constitutes 4-member probe committee |
| Mumbai, Sep 5 2009: A four-member in-house committee has been set up to probe the Air India fire incident that took place at Mumbai International Airp |
 |
 |
 |
 |
 |
Railway Revenue Earnings up by 10.40 per cent.. |
Kingfisher to reconfigure aircraft.. |
Rolls-Royce unveils latest model.. |
Monster India launches professional networkin.. |
Reliance Mutual ranks No.1 in profitability.. |
Latest News  Nikko AM completes acquisition of DBSMumbai, Sept 30 : Nikko Asset Management Group ("Nikko AM") has successfully completed its acquisition of DBS Asset Management Ltd ("DBSAM"), one of the leading investment management firms in Southeast Asia, from DBS Bank Ltd ("DBS").The transaction boosts Nikko AM's assets under management by USUSD 7.9 billion to over USUSD 165 billion and establishes Nikko AM as the largest regional asset manager headquartered in Asia. DBS has in turn acquired a 7.25pc interest of the enlarged Nikko AM, forming a strategic alliance between the two companies. As part of the alliance, DBS and Nikko AM have entered into a non-exclusive distrib .... Read More |
Latest Headlines
|
||||||||||||||||||
|
|||||||||||||||||||
