National Energy Foundation sells trading arm to Kingfisher plc
Environmental charity National Energy Foundation has sold its 56 per cent stake in its trading arm, National Energy Services, to international DIY retailer Kingfisher, whose brands include B&Q.
Kingfisher Airlines is working with a consortium of banks to further reduce interest costs, while the carrier is looking at sale and lease back of some of its aircraft to reduce loans, its chairman said at the company's annual shareholders meeting.