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Can Vijay Malya shutting down Kingfisher Airlines ?

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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

20 Replies

U
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.
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U
If a business is not viable on business logic what else we can advise him to do other than quitting it!
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U
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...
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U
He is a talented busineess man he will get back with his ideas to save his airlines.
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U
Only he knows what to do with it and that too with his own resources!
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U
i came across this...it is really fun to watch....vijay mallya and king fisher airlines...!!!!!!!!!!
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U
There is a great loss why he face a loss if it continue it might be close by him.
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U
Who on earth can save a person fron making losses if he or she continues with a loss-making venture?
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U
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.
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U
These are two altogether different issues and there should not be any trade-off.Even Mr.Malya would hate to have it that way!!!
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U
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.


i really dont think that he is any financial problem. he still lives in those posh bungalows,drives posh cars and eats posh meals. the point herer is purely business. he do not want to run a business that is not profitable. he is logical there.
but the problem is that he is not ready to pump his money into kfa.he wants government to do that.that is illogical.
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U
That's a very correct diagnosis of his problems! He expects the government to rush in where he fears to tread!!!
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U
airlines minister is keen to keep kingfisher flying.if government is interested they should think of a possible take over of kfa by the government and those flight scan be incorporated into the indian airlines.
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U
But Indian Airlines itself is sick and by taking over another sick organization it might die!
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U
LATEST NEWS....state-run banks have lent Rs.6,901.86 crore to the cash-strapped Kingfisher Airlines.
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U
Whatever the consortium of banker has done is at the dictates of the government!
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U
then it seems like the government wants the great mallya to prosper...long live mallya...
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U
Long live Manmohan Singh and his brand of economics too!
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U
That's a very correct diagnosis of his problems! He expects the government to rush in where he fears to tread!!!


He expects govt to help him but i think Govt will not entertain him and ultimately Airlines will come to its closure.
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U
@Abhisekh

The government has provided him the leeway by asking government-controlled,if not forcing,banks to consider his application favourably!
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Topic Author

V

vaishnavi

@vaishnavi_vijay

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Created Sunday, 20 November 2011 20:33
Last Updated Tuesday, 30 November -0001 00:00
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