Kingfisher downfall reasons.

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Why there is difficult to make money in airlines.

http://news.oneindia.in/2011/12/08/what-could-be-the-reasons-for-kingfisher-downfall.html

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Well the link says recession, expensive labor and high fuel prices are some of the reasons and customers habit of choosing cheap flight fares are the other reasons for the downfall. They are looking to the government for aid so that they could revive their sick conditions...!
No business is immune from recessionary trends and conditions and that does not make his case any special!
Recision is also one main reason for the downfall of kingfisher airlines.
i agree with you chinmoy....what has happened to mallya cannot be blamed on recesion alone. it is high time he starts learning from other private airlines too
Situation may differ in future. Recession is not only the reason .Other companies of malya is good .
The malya is having some mettings with the government to convince them.He may get good news in further days.

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S

Sasikanth

@sasi1021

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Created Friday, 09 December 2011 12:06
Last Updated Tuesday, 30 November -0001 00:00
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