The UB group has shifted the Ownership of Vijay Mallyas jet VT-VJM from Kingfisher to UB group.
This is enough of a sign of whats going to happen sooner or later!
$1.4 billion in debt! Even FDI cant save it!
The sad part is, that ever after being given so much of time to recoup this airline, the management does not look interested!
Their model and Management need an Adrenaline shot! Straight in the heart!