You are here: Home>Collections>New Delhi  KF loss down 13% to Rs
419cr  TNN Oct 29, 2009, 01.44am IST  NEW DELHI: Vijay Mallya's
Kingfisher Airlines reported a Rs 419-crore loss for Q2 (July-
September), 2009-10, down 13.2% from Rs 483 crore in the same
period last year. The airline informed BSE on Wednesday that its
operational revenue fell 13% from Rs 1,323 crore last Q2 to Rs
1,142 crore this time.  Kingfisher, which was market leader with
23.3% share this September, also registered a 9% increase in
passenger carriage despite a 17% capacity reduction. However, on
account of low fares till earlier this year the airline faced a
32% decline in revenue from last year.  "Kingfisher has
restructured its operations and maintains stringent cost
control. This has helped show a positive EBITDA of Rs 44 crore
against a loss of Rs 207 crore last time for domestic
operations.... Certain technical issues also led to grounding of
aircraft causing revenue loss and hence a negative impact on the
bottomline," an airline stat