Kingfisher Airlines Limited was an airline group based in India. It was established in 2003 and started its commercial operations in 2005. Through its parent company United Breweries Group, it had a 50% stake in low-cost carrier Kingfisher Red. Until December 2011, Kingfisher Airlines had the second largest share in India's domestic air travel market. However, the airline ran into continuous losses since its inception, ran high debts and finally closed its operations on 20 October 2012. Its chairman Vijay Mallya subsequently fled to London to allegedly hide from creditors. More information...
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