14 March 2012 by Luke McCormick
Embattled Indian carrier Kingfisher has cancelled all its overseas flights, including those from Heathrow, while its codeshares with British Airways have also been cut.
The news comes after a Kingfisher aircraft was impounded at Heathrow last night, according to airport sources. It had been thought that the airline had planned to cancel flights on the Heathrow route from April as it continues to search for investors.
A statement on the Kingfisher site said: 'We would like to confirm that we are curtailing our wide body overseas operations that are bleeding heavily. Positive and immediate action is being taken on all fronts to cut costs.'
British Airways said customers booked on Kingfisher codeshares would be unaffected and that it would book them on an alternative service or issue a full refund.
British Airways said in a statement: 'The suspension of the codeshare agreement between British Airways and Kingfisher came into effect on March 09,2012. Kingfisher Airlines are undergoing a financial restructure and are committed in joining the oneworld alliance. British Airways continues to work closely with Kingfisher and are looking forward to reinstating the codeshare and welcoming them into oneworld at the appropriate time.'