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Kingfisher Airlines slumps on continued labour unrest

Source : REUTERS
Last Updated: Wed, Oct 03, 2012 04:25 hrs
Kingfisher cancels flight across network

India's Kingfisher Airlines fell 4.9 percent, down almost by its daily limit move of 5 percent, after cancelling all flights through Thursday because of labour unrest and being ordered to submit a revival plan before it can fly again.

Shares in Kingfisher were down 4.9 percent as of 0346 GMT on Wednesday, after slumping nearly 5 percent in each of the previous two sessions.


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