PPRuNe Forums - View Single Post - Kingfisher sinking like the Titanic
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Old 22nd Mar 2009, 06:48
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Schumi - Red Baron
 
Join Date: Jan 2009
Location: India
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I think that when it ends it would not be pretty for KF & Mallya...

I am being told that Heineken NV (which holds 38% of UB group, Mallya 37.5%) have taken all their money from KFA back and Mallya has pumped in his personal money in the airline... And thats the reason they were unable to pay some of their dues on time...


Just hope that the airlines does well and stays afloat for the sake of hundreds of people working there...
Schumi - Red Baron is offline