India's Kingfisher shares jump on hope of recovery

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MUMBAI : Shares of India’s cash-strapped Kingfisher Airlines rose nearly seven percent in morning trade Friday, after chairman Vijay Mallya promised a full recovery plan for the carrier.

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India’s Kingfisher shares jump on hope of recovery

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Did you know? Skift has newsrooms in New York and London and full-time editors in Singapore, Los Angeles, and San Francisco, too.

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India’s Kingfisher shares jump on hope of recovery

Support Skift’s Independent Journalism

Did you know? Skift has newsrooms in New York and London and full-time editors in Singapore, Los Angeles, and San Francisco, too.

Support Skift's Work

Up Next

Kingfisher won’t fly until October 12, extends lock-out until strike ends

New Skift Report: The Bright Future of Meetings and Events in Thailand

Economy Extended Stay Is the Strongest of the Weak U.S. Hotel Sector in March

Here’s What Will Happen Next to Corporate Airfares

Korean Air Asks 70 Percent of Employees to Take Partially Paid Leave