The Kingfisher Airlines is having some problem with their operation which resulted to great loss and debt up to Rs 7,500 ccore. When a certain company is facing this kind of debt, it is definitely in big trouble. This might be a reason why there are some speculations that the airline will be bought by […]
The very famous business tycoon, Vijay Mallya is on a verge to sell his UB groups’ shares to raise funds to save his Kingfisher Airlines. He is going to sell United Breweries’ stakes to a Dutch brewer, Heineken NV, said the officials. United Brewery UB Group Logo Right now, Vijay Mallya has the only option […]
Today Civil Aviation Minister, Ajit Singh said to the journalists that, “Kingfisher Airlines is not going to get the bailout package right now. Kingfisher Airlines has presented their business plan to the nationalized banks and the banks will decide whether to issue loan to the Airlines.” The operations of the Kingfisher Airlines were disrupted today […]
