Wednesday, March 7, 2012

Indian airline 'Kingfisher' suspended by IATA

India's Kingfisher Airlines has been suspended by the International Air Transport Association's (IATA) from using its clearing house. 

It is used to divide income between airlines, including multi-leg journeys.
The suspension, for failure to pay its bills, means Kingfisher will have to make direct deals with other airlines in order to share journeys.

The loss-making airline has struggled to run a full schedule of flights as it urgently seeks additional investment.
Details at: BBC News

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