Share Market: Kingfisher offers planes to AI on lease

With the prospect of government relaxing norms for airlines to go abroad appearing bleak, Kingfisher is learnt to have approached Air India (AI) for leasing its long range planes. Mallya’s carrier will be eligible to fly abroad on Deccan’s licence from August but the long-range Airbus A-330 and A-340 will start arriving in April itself.

News Collected from Ms Dolly