News Broadcasting
Kingfisher is the Official Airline for Abba Concert
Press release from Business Wire India
Source: Kingfisher Airlines
Tuesday, August 22, 2006 06:12 PM IST (12:42 PM GMT)
Editors: General: Arts & culture, Entertainment, People, Travel & tourism;
Business: Advertising, PR & marketing, Automotives, Media & entertainment, Travel & tourism; Automotive Release no: 11561
————————————————–
Kingfisher is the Official Airline for Abba Concert
Mumbai, Maharashtra, India, Tuesday, August 22, 2006 — (Business Wire India) — Kingfisher Airlines, India’s fastest growing private airlines the official airline for the Abba Concert, has announced its participation in the upcoming ABBA concert. Kingfisher Airlines is the official Airline partner for the same.
Keeping in tune with Kingfisher Airlines strategy of alliance with leading
establishments, Kingfisher Airlines has struck an alliance with National Centre for the Performing Arts (NCPA), India’s premier cultural institution. Down the decades the NCPA has played host to a number of leading international artistes, including the ABBA concert this season between August 23 and 27, 2006.
Commenting on this unique association Mr Girish Shah, Head Marketing of Kingfisher Airlines Limited said “Kingfisher Airlines is proud to partner with Abba during their Mumbai concerts as official travel partner . Our association with such events is our way of offering maximum delight to our target consumer, as music is an integral part of their life and indeed our marketing mix. As we expand our network of cities served, we will continue to innovate and present more such exciting marketing initiatives in the months ahead”.
The cultural repast that the NCPA offers is considerable. It organizes
special programmes by legendary artistes in the fields of classical, traditional and modern dance, music and theatre, as well as a regular series of programmes to encourage young and promising talent. Workshops with accomplished arts professionals and master classes with seasoned artistes in various fields are held on a regular basis.
About Kingfisher Airlines
Kingfisher Airlines is India’s first and only private airline to receive the
prestigious, ‘Best New Airline of the Year’ award in the Asia-Pacific and
Middle East region from Centre for Asia Pacific Aviation (CAPA). Kingfisher Airlines has also been voted as the 3rd Most Successful Brand Launch of the Year 2005, in the annual Brand Derby Survey conducted by India’s leading business daily-Business Standard. In another Survey conducted by agencyfaqs.com and Brand Reporter, Kingfisher was voted as the 7th Buzziest Brand of 2005 amongst 2000 leading national and international brands. More recently, Kingfisher Airlines has bagged the “Service Excellence for a New Airline” award from Skytrax, a UK based specialist global air transport advisor.
The latest addition to the list of laurels is the “Best New Domestic Airline
for Excellent Services and Cuisine” award from Pacific Area Travel Writers Association (PATWA), the biggest travel writers’ organization, representing members from 70 countries across the globe, that conducts independent annual surveys across various industries related with Travel and Tourism in order to select the best in each category. Kingfisher Airlines commenced operations on May 9th, 2005 with a brand new
fleet of aircraft. Kingfisher Airlines offers Full Service at True Value and
promises an unparalleled experience to the Indian air traveler. On offer are
extra-wide seats and spacious leg room, delicious gourmet meals, internat
The latest addition to the list of laurels is the “Best New Domestic Airline for Excellent Services and Cuisine” award from Pacific Area Travel Writers Association (PATWA), the biggest travel writers’ organization, representing members from 70 countries across the globe, that conducts independent annual surveys across various industries related with Travel and Tourism in order to select the best in each category. Kingfisher Airlines commenced operations on May 9th, 2005 with a brand new fleet of aircraft. Kingfisher Airlines offers Full Service at True Value and promises an unparalleled experience to the Indian air traveler. On offer are extra-wide seats and spacious leg room, delicious gourmet meals, international-class cabin crew and a whole host of comforts and delights. Kingfisher Airlines also facilitates doorstep delivery of tickets on guest request. Kingfisher Airlines has further raised the bar by introducing the Indian business traveler to a premium product- Kingfisher First,
the finest experience in the Indian skies. For more information on Kingfisher Airlines log on to www.flykingfisher.com . Fly the Good Times with Kingfisher Airlines.
CONTACT DETAILS
Ritu Bararia, Sr. Manager PR and Corporate Affairs, Kingfisher Airlines Ltd, +91 93508 66639, ritu.bararia@flykingfisher.com
Malini Nair , Manager PR, Kingfisher Airlines Ltd, + 91 93242 39730,
malini.nair@flykingfisher.com Prakash Mirpuri, IPAN, Mumbai, + 91 98210 91715, prakash.mirpuri@ipan.com
KEYWORDS
ARTS, ENTERTAINMENT, PEOPLE, TOURISM, MARKETING, AUTOMOTIVE, MEDIA, TRAVEL,
AUTOMOTIVE
If you wish to change your Business Wire India selection please click on
this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
