Can Vijay Malya shutting down Kingfisher Airlines ?

I dont think so he will shut down kingfisher airlines.He know business tactics he will raise it again.

no sasikanth...he plans to dump it...unless government and banks gives him loans...

I fail to understand why the government is so eager to help a privately-owned busines when it has been so insensitive to Air India's woes!

If he wants to shut down Kingfisher Airlines, he may do so but the government should not help this venture financially. It is entirely Mallya's responsibility, the government should focus on bettering the conditions of Air India instead and provide people with a more economic option than Kingfisher but with proper connectivity and facilities as Kingfisher has provided until now, although not so lavish.

It should have dawned upon the liquor baron while entering airline business that it's hugely capital-intensive and if he didn't do his homework he should be made to face the music!!!

[quote]It should have dawned upon the liquor baron while entering airline business that it's hugely capital-intensive and if he didn't do his homework he should be made to face the music!!! [/quote]

True! But to save the airlines, he can easily source money from his other enterprises and give up his lavish lifestyle to some extent, if not all, at least! He could also put a stop to production Kingfisher swimsuit calenders, he spends a sinfully exorbitant money on its production!

@Kalyani

Market place is a cruel one and the competent ones would survive and vice versa!

@Kalyani

Market place is a cruel one and the competent ones would survive and vice versa!

Latest news about this airlines is Lenders of KFA will be meeting soon with Mr. Mallya

Hope the members of the consortium of financiers would find a solution but the government should stop meddling in its affairs!

Yes but Mallya is least bothered about the competition in Airlines industry, or so it seems. He is happily leading liquor industry and is earning nice returns from it!..................

What I would say is that it was a misadventure on his part!

mallya is one of the most multi faceted businessman in india.his varied businesses lends him profit every time. If it does not, he wastes no time in disposing them.i would say no negotiations is going to help kfa.

If a business is not viable on business logic what else we can advise him to do other than quitting it!

If a business is not viable on business logic what else we can advise him to do other than quitting it!

correct...ii agree with you and my take is kfa is history...

He is a talented busineess man he will get back with his ideas to save his airlines.

Only he knows what to do with it and that too with his own resources!

i came across this...it is really fun to watch....vijay mallya and king fisher airlines...!!!!!!!!!!

There is a great loss why he face a loss if it continue it might be close by him.

Who on earth can save a person fron making losses if he or she continues with a loss-making venture?

He is having a good business tactics he brought tipusultan sword to our country.We must praise for this and all must feel shy for this act.

But now he is in problem that government should help to him a person who saved our historic things.

These are two altogether different issues and there should not be any trade-off.Even Mr.Malya would hate to have it that way!!!