Monday, February 20, 2012

Is Kingfisher Airlines a dying Brand


Is Kingfisher Airlines a dying Brand?

Open any news channel. Screen will definitely with lines like “Kingfisher is now king of cancellations”, can Kingfisher stay afloat in the market? What’s the future of Kingfisher? etc lines. Is it good for a brand which was most preferred in aviation industry in India?
In aviation sector, it’s the service which matters most and Kingfisher is failing to give that service to its customer, lot of flight has been canceled where passengers are not refunded for failed takeoff.  Kingfisher is not an airline of choice for the either travel agents or passengers and loss of confidence in the airline is the gravest challenge it faces today. In airlines if your seat factor is low, you can’t stay afloat your business longer, you have to quit and it’s the case that in coming time is going to happen with Kingfisher as passengers or travel agents don’t prefer it. Today Kingfisher Airlines pilot are looking for other opportunities and switching from Kingfisher to other airlines like Indigo, Spice Jet etc. Their most of aircrafts are not active because of not having pilot to run the aircrafts. If we compare the no. of flight operated by Kingfisher today are two and half time lesser than it was operating in November. So is it not the sign dying of Kingfisher? Today their financial has become from bad to worse.
Today Kingfisher is asking for bailout, FDI, outsourcing of ATF (which has been allowed), traffic rights etc, whatever they can ask they are asking for it from aviation ministry. At present it looks gloomy for Kingfisher to stay in business after doing so many mistake and I think Kingfisher airlines will be a past as even after  number of passengers are increasing 18% annually and they are failing to generate revenue….definitely a sign of bankruptcy