Kingfisher Airline may lose some of its prime slots in the country's major airports to competitors as a severe financial crunch forces the cash struck airlines to cut flights further weakening its competitive position.
The company, which is now left with only 28 aircraft, submitted a revised schedule comprising 170 flights against 400 flights that were originally supposed to be operated. Thereby, making its obvious that the surplus slots across the country will go to rivals. The airlines cancelled more than 30 flights again on February 22, 2011.
The company however, has started losing edge as after the reduction of flights since November, eight of Kingfisher's slots at the second busiest airport in the country, Mumbai International Airport, are already taken over by IndiGo (two flights), Jet Airways (three), Air India (two) and SpiceJet (one).
Kingfisher has already pulled flights out from several cities like Kolkata - since, partially reinstated them - besides reducing the number of flights from other cities as well as from international routes.
