well KFA has 75% of its fleet as low cost ,load factor more than 70%,half of the fleet is ATR(break even of just 12 pax per sector).
If rest of the low cost are doing great than so is KFA ,infact better than everyone.This is just a ploy by VJM and band of brothers JET to project a loss so the govt. caves in to allow foriegn ownership or partnership.Remember early bird gets the worm.only 2 private players flying abroad........