As everybody know Kingfisher is going with very tough time against their Brand Slogan " Fly the good Times " . Almost 80% of their flights are gounded and they didn't even had money to pay Airport grounding or Maintainence Charges .. Even he don't yet paid salary to their staffs for the last two month, to whom he say part of his family. Two of the Major oil distribution company already stop supplying ATF to Kingfisher and IOC going very tough on Kingfisher .. Kingfisher is paying in advance for every drop of oil.. and all these cash flow coming from Banks not from the operation of Airlines.. Today Mallays also denied to give any personal gurantee to banks on Kingfisher loan ... Weather he is very close to shut this airlines ....! Just Analyse from where the problem started ... its start cuz of 5 star airlines , Negative cash flow , Royal attitude of Mallya , Non availablity of ATF due to shortage of fund ... i think all these are linked together...
A person who has no experiance in Airline industry bought a biggest Private sector airline in India at sky roket valuation ... and dreamt of becoming second Richard Brensson in a day ... But Unluckily, Luck won't help everytime ... every step he move to grow his airlines... his airlines goes two step backward and are now in a position of filing Chapter XII.
You can better analyse difference between some business tycoon , their activities and their Empire.It may be the difference of Kumar mangalam birla or Yash birla , Mukesh Ambani or Anil ambani, LN Mittal or Vinod Mittal.
and What Vijay did for Kingfisher airlines when Kingfisher was really in need of hard cash .... Photo shoot with Naked or Semi Naked models along with his son, Tried luck on Cricket or F1, Throwing party every night , Dreaming that he will blow river of Beer, Demand people of India to be just like their .. Does really Kingfisher need that White and Red combination or this combination was just to compete Virgin Atlantic. Does people of India really afford a Five star airline even for short distance ..
Well I don't think Mallaya will get down so much easily just because of his ego, but i can suggest him a better business ... what if he put hostile bid on IOC ....just imagine how IOC will distribute gas cylinder and this will happen just because Vijay mallya is "KING OF GOOD TIMES".






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