Kingfisher Airlines virtually Grounded by Debt and Share Price sinks below Rs 20…Fears come alive of Borrowing on the Brand
Kingfisher Airlines…Fears come alive of Borrowing on the Brand….The struggling Airline is virtually grounded with Heavy Debt … some taken even against the Brand…..Pilots are leaving enmasse and flights are being cancelled daily…Share Price has sunk below Rs 20 http://www.hindustantimes.com/News-Feed/SectorsAviation/Kingfisher-seeks-Govt-bailout-40-more-flights-cancelled/Article1-767695.aspx Management and Mallya are putting up a Brave face…will have to quickly come up with atleast …