Vijay Mallya talks of shutting down Kingfisher Airlines and tried to put up a brave front as the airline suffered a bigger second-quarter loss.

http://economictimes.indiatimes.com/news/news-by-industry/transportation/airlines-/-aviation/vijay-mallya-defiant-rubbishes-talks-of-shutting-down-kingfisher-airlines/articleshow/10748266.cms?google_editors_picks=true

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He can take this decision due to loss if there is no gain than no meaning to remain that business.

Santosh Kumar Singh


http://experienceofknowledge.blogspot.com/

 

I think this is a business tricks Malya is operating so many business with a IPL team.

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it is evident that mallya does not want to pump out money from his other businesses to this venture.......
has anyone of you recently flied with kingfisher? i have and i tell you it was not same as experience as it used to be. it has lost it's class.
No vidimayur I have never flied in any flight

Slow and Steady Wins the Race.

has anyone of you recently flied with kingfisher? i have and i tell you it was not same as experience as it used to be. it has lost it's class.


mallya is not ready to put his other businesses at stake to make this airlines survive. he is ready to bankrupt it and continue with his posh lifestyle. interesting that he can file for bankruptcy in kingfisher and still feature in the top 10 richest guys in the country list.
Many private airlines came and gone.If Kingfisher also goes like this it will shut down soon.

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yes you are right, inspite of so many problems he features in richest guys list. And yes kingfisher does not seem to be that important to him.
Sarala people when you fly first time, it is exciting experience but believe me after a while it has got no excitement at all. Infact some like travelling by train more than flights so it really does not matter.
I dont think so he will shut down kingfisher airlines.He know business tactics he will raise it again.

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