T he finances of airlines would improve in 2012-13 on the back of better pricing of tickets due to rationalisation of capacity. "Capacity addition would also be moderate and the airlines would make money," said Kapil Kaul, chief executive officer (South Asia), Centre for Asia Pacific Aviation.
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British Airways chief executive, Willie Walsh lauded India's Kingfisher Airlines
Kingfisher Airlines has received authorisation from the Director General of Foreign Trade for the import of aviation turbine fuel on 11th April, 2012 and we are taking active steps to initiate the process of ATF import," the company said in a...