Kingfisher Protests Rumors Of Imminent Shutdown

India’s debt-ridden Kingfisher Airlines is rejecting speculation that it soon will shut down and instead is taking steps it hopes will enable the carrier to turn a profit.

Chairman Vijay Mallya, after announcing a second-quarter net loss of 4.69 billion rupees ($94 million), tried to stem worries about the carrier’s future by saying all airlines in ...