Kingfisher Airlines' 3rd quarter loss widens

Kingfisher Airlines reported a 4.44bn rupees loss in the third quarter that ended in December 2011, compared to a loss of 2.54bn rupees the previous year. Kingfisher lost 11.8bn rupees in the first nine months of the current fiscal year that ends in March 2012, a 35% rise from the previous year. Revenue in the third quarter fell 15.2% to 13.42bn rupees.