Kingfisher Air may set up venture abroad

Bangalore: Kingfisher Airlines is considering a move to set up a new venture in the US or the UK to fly international routes even as it became the first to bid for all the five parking slots for superjumbo A380s in Mumbai and Delhi.
Mr Mallya said if the Union Government does not allow his airline to fly on international routes soon, then it will consider setting up a venture in the US or UK.
"If the Government does not give us permission soon, we will fly in the reverse direction," Mr Mallya said. The airline has also ordered for five A350-800s, which are usually deployed for long haul operations, clearly indicating that the airline is readying itself to fly international routes sooner than later. He also ruled out any plans to follow the low-cost model.
"These low-cost airlines are in fact low fare (airlines)," he said. He said LCCs (low cost carriers) do not have a future in India as long as there are no secondary airports in the country. He said unlike the US or the UK, India does not have secondary airports where landing charges are lesser. Even the fuel charges are the highest in the world, he said.
08/04/06 K. Giriprakash /Hindu Business Line

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