Kingfisher Airlines elevates 21 officials
In a large scale rejig of management, Vijay Mallya-promoted air carrier Kingfisher Airlines has elevated 21 officials in the rank of vice-president, assistant vice-president, general manager and sales head.
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.