4 Reasons Why Kingfisher Airlines Failed
Kingfisher, one of the most well-known airlines in India, is in shambles, while other Kingfisher competitors are doing well in the market. The global aviation industry experienced a difficult period in 2012 as a result of a four-year fuel price increase that set a record, erratic financial markets, and a slowing economy. Kingfisher Airlines commonly referred to as The King of Good Times and Vijay Mallya's dream project went through its worst phase. Initial versions of Kingfisher included single-class layouts, all-economy fare, and high-end entertainment and dining options. The joyful Vijay Mallya knew how to live the king's life and was only concerned with the idea that every air passenger would anticipate their voyage with Kingfisher Airlines to be akin to that of a monarch. The high luxury class came into focus a year after the airline was founded. With shifting time and ideas of its models, as well as anticipating random expansion, the airlin...