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Kingfisher curtails international operations
The UB Group, which owns cash-strapped Kingfisher Airlines, will provide the Airports Authority of India (AAI) a corporate guarantee for Rs 250 crore, the amount owed to the latter. "I have been (so) assured by Kingfisher," said AAI chairman V P Agarwal. This came even as the airline seemed set to sink further, with an announcement that it was curtailing international operations. The airline was flying