Kingfisher stop operations of low cost carrier Kingfisher Red

Kingfisher Airlines would stop operations of low cost carrier Kingfisher Red, Chairman Vijay Mallya said today.
"We have several initiatives. We are doing away with Kingfisher Red because we don't intend to compete in the low-cost segment,"Mallya told media here after the company's AGM.
"We believe there are more than enough guests who prefer to travel for more details....

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