SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kingfisher Airline to lose some of prime slots to competitors

23 Feb 2012 Evaluate

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.

Peers
Company Name CMP
Interglobe Aviation 4638.75
SpiceJet 13.88
Raymond 422.05
Global Vectra Helico 203.85
Taneja Aerospace 281.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×