Can Vijay Malya shutting down Kingfisher Airlines ?

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

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

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

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.

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.

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!