Kingfisher Airlines Ltd Loss Widens; Revenue Slides 87% Kingfisher Airlines Ltd. 532747.BY +0.47% on Thursday posted a wider net loss for the three months ended in September, as revenue plunged amid a sizable cut in daily flights prior to a halt in the Indian carrier's operations. The airline's net loss swelled to 7.53 billion rupees ($138.9 million) for the company's fiscal second quarter, from 4.68 billion rupees a year earlier. Revenue tumbled 87% to two billion rupees. Expenditures fell 77% to 4.55 billion rupees, as Kingfisher operated fewer flights and many employees left the company. Kingfisher Airlines Ltd  has canceled all its flights indefinitely since Oct. 1 because of a strike over salaries and a decision by India's aviation regulator to suspend the carrier's license. A closed Kingfisher Airlines booking counter at Indira Gandhi International Airport in New Delhi, Oct. 20. The airline's revenue has dropped as it has slashed the numbe