Kingfisher - At a glance - By Sharad Singh

KING FISHER

Date of Establishment 1995
Revenue 1040.52 ( USD in Millions )
Market Cap 13960.2162 ( Rs. in Millions )
Corporate Address U B Tower Level 12,
U B City 24 Vittal Mallya Road,
Bengaluru-560001, Karnataka
www.flykingfisher.com.

Management Details

Chairperson Vijay Mallya
MD P K Iyer

Directors

A K Ravi Nedungadi, A Raghunathan,Anil Kumar Ganguly, Diwan ArunNanda, G R Gopinath, Ghyanendra Nath Bajpai, K J Samuel, N Srivasta,N Srivatsa, Naresh Trehan, Piyush G Mankad, S R Gupte, Vijay Amritraj, Vjay Mallya

Business Operation

Airlines

Background

Kingfisher Airlines is one of the leading private players in the Indian aviation industry. Incorporated in 1995 as Deccan Aviation, the company is engaged in the business of providing passenger services and helicopter charter services.
The name was changed to Kingfisher Airlines in the year 2008. The airline is part of UB Group owned by Dr Vijay Mallya.
Kingfisher Airlines owns 76 aircraft comprising A

Financials

Total Income Rs. 61082.976232 Million ( year ending Mar 2009)
Net Profit Rs. -16088.299349 Million ( year ending Mar 2009)
Company Secretary N Srivasta
Auditors BK Ramadhyani & Co

HISTORY

Kingfisher Airlines is one of the leading private players in the Indian aviation industry. Incorporated in 1995 as Deccan Aviation, the company is engaged in the business of providing passenger services and helicopter charter services.
The name was changed to Kingfisher Airlines in the year 2008. The airline is part of UB Group owned by Dr Vijay Mallya.
Kingfisher Airlines owns 76 aircraft comprising A330, A 321 (single and double cabin), A 320 (single and double cabin), A 319, ATR 72-500 and ATR 42-500.
In India, the airline has a network in 72 cities operating more than 400 flights a day and commands a market share of 25%. Internationally, it operates flights to Dubai, Colombo and London.
This airline offers three unique classes of services Kingfisher First (Business class), Kingfisher Class (Premium economy) and Kingfisher Red (Low fare).
The company owns two subsidiaries namely Northway Aviation and Vitae India Spirits. Northway Aviation is engaged in the business of financing pre-delivery payments and aircraft acquisition.
Kingfisher Airlines is only five star airline in the Indian skies and is known for providing world class in fight services to its passengers.
The company has emerged as the first Indian airline that provides a range of services in the mobile segment such as flight updates, ticket buying through SMS and many more.

Awards

Kingfisher Airlines was awarded NDTV Profit Business Leadership Award for Aviation.
Kingfisher Airlines was acknowledged as 'India's only 5 Star airline' and '6th airline in the world' was certified by Skytrax.
Kingfisher was rated as Asia Pacific's 'Top Airline Brand' in a survey conducted by TNS on 'Asia Pacific's Top 1,000 Brands' for 2008.

COMPETITOR

Jet Airways
Kingfisher Airlines
Spice Jet
Global Vectra Helico
Jagson Airlines

COMPANY PRODUCT

Sale of Airline Tickets and related income
Helicopter charter and other services