kingfisher in Trouble?
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Good businessman, or previously operated in an environment where competition was stifled, or non-existent? Either way, the old adage "make millions in aviation by starting with billions" is coming to fruition in India.
. At any rate, Mallya can certainly sell beer - and perhaps should have stuck to what he knows! Neither Mallya or Goyal is a genius at PR, apparently. Now everytime my transport is late I'm going to wonder if I still have a job. 
Good comment on "billions into millions".
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The Indian aviation crisis was the writing on the wall. I am no expert, but if one just goes back in time, when Air India and Indian airlines had the monopoly in the domestic sector. It was cheaper to fly to the neighboring countries than flying within India. Salaries were not that great, fuel was cheap and fares were beyond common man’s reach, flights were full, yet they never made profit or paid bonuses. Being the national carrier they had state obligation too.
Now fast forward,there was brand new equipment with brand new young crew. Fuel prices I need not talk about and on top one has to hold, thus burning additional fuel and adding more engine and airframe hours. Salaries are quite comparable to the rest of the world and travelling by air is affordable, airport taxes are high.
So to summarize the cost has gone up, but the question is how come the smart executive’s politicians and bureaucrats did not see all this coming.
They are who, run airlines into the ground from their offices and I hope they disappear from the face of this earth like what will happen to all those greedy financial types who are lining their pockets with bonuses and commissions, not having produced goodness or benefits for the population at large.
Also those who implement the security rules and policies at airport to justify higher airport and facility fees, Disappear too
More people they employ, more they can justify their pay and bonuses too.
Now expats versus the locals, Expats are there because they are needed and along they bring in vast experience like our own senior colleagues, in time the new young blood will be there too. Flying now is not all about company polices/procedures, stick and rudder its how you manage the whole show…crm skills, passing on knowledge etc etc.. so please stop getting at each other.
Hope the dust settles down and we see happy times ahead…till then
I am off to flying my little pushpak, climb, cruises and descend all at 42mph. Too slow will stall and too fast..high speed stall. OFF AND BACK…CONTACT.
Now fast forward,there was brand new equipment with brand new young crew. Fuel prices I need not talk about and on top one has to hold, thus burning additional fuel and adding more engine and airframe hours. Salaries are quite comparable to the rest of the world and travelling by air is affordable, airport taxes are high.
So to summarize the cost has gone up, but the question is how come the smart executive’s politicians and bureaucrats did not see all this coming.
They are who, run airlines into the ground from their offices and I hope they disappear from the face of this earth like what will happen to all those greedy financial types who are lining their pockets with bonuses and commissions, not having produced goodness or benefits for the population at large.
Also those who implement the security rules and policies at airport to justify higher airport and facility fees, Disappear too
More people they employ, more they can justify their pay and bonuses too.
Now expats versus the locals, Expats are there because they are needed and along they bring in vast experience like our own senior colleagues, in time the new young blood will be there too. Flying now is not all about company polices/procedures, stick and rudder its how you manage the whole show…crm skills, passing on knowledge etc etc.. so please stop getting at each other.
Hope the dust settles down and we see happy times ahead…till then
I am off to flying my little pushpak, climb, cruises and descend all at 42mph. Too slow will stall and too fast..high speed stall. OFF AND BACK…CONTACT.
Last edited by Pushpak; 18th Oct 2008 at 00:55.
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So that is a surprising turn-around - looks like Naresh Goyal re-calculated his balance sheet and realized how urgently he needs those 1900 people 
And Vijay Mallya will soon personally ask all the expat A330/340 captains to ignore the letters, because he was also mystified by his top managers ?
And today I had suddenly a full-house on all the sectors (joking), because state govt. desided, everything is just so nice again !
I enjoy watching this airline theater, India can never be boring
kingfisher320 - you need to get rid of those piggy thoughts, or you will suffer a lot in your life
And Vijay Mallya will soon personally ask all the expat A330/340 captains to ignore the letters, because he was also mystified by his top managers ?
And today I had suddenly a full-house on all the sectors (joking), because state govt. desided, everything is just so nice again !
I enjoy watching this airline theater, India can never be boring
kingfisher320 - you need to get rid of those piggy thoughts, or you will suffer a lot in your life
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The petroleum ministry has asked aviation firms including Jet Airways, Kingfisher and Air India to clear their outstanding fuel bills of o ver Rs 900 crore, which they owe to the state-run oil companies.
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Dear navrekar
As the number of foreign pilots decrease, this will affect Indian pilots with FATA.
Few Indian pilots will be flying among many other Indian pilots with Indian license so these few will come under scanner.
( simple for you to understand last post)
FATA window may not open for special category pilots.
Companies are hoping extension of FATA all the time, it may not happen.
Any way if you see companies have been flying on hope.
Aviation & airplanes don’t fly on hope.
Your company has got lots of Expats,and your experience with hiring, I think you are the best person to write the circumstances for issue/granting of FATA by DGCA. AS PER DGCA BOOK.
As the number of foreign pilots decrease, this will affect Indian pilots with FATA.
Few Indian pilots will be flying among many other Indian pilots with Indian license so these few will come under scanner.
( simple for you to understand last post)
FATA window may not open for special category pilots.
Companies are hoping extension of FATA all the time, it may not happen.
Any way if you see companies have been flying on hope.
Aviation & airplanes don’t fly on hope.
Your company has got lots of Expats,and your experience with hiring, I think you are the best person to write the circumstances for issue/granting of FATA by DGCA. AS PER DGCA BOOK.
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future king
Jet-Kingfisher tie-up good for both carriers, says Airbus
17 Oct, 2008, 1503 hrs IST, AGENCIES
Jet-Kingfisher tie-up good for both carriers, says Airbus- Airlines / Aviation-Transportation-News By Industry-News-The Economic Times
wish these companies concentrate on Aviation & flying.
politics till now.
Airbus didnot see more than alliance.
17 Oct, 2008, 1503 hrs IST, AGENCIES
Jet-Kingfisher tie-up good for both carriers, says Airbus- Airlines / Aviation-Transportation-News By Industry-News-The Economic Times
wish these companies concentrate on Aviation & flying.
politics till now.
Airbus didnot see more than alliance.
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I have a hard time understanding what you are trying to say. It's not that airlines like Spicejet are actively only seeking expat Capts. They would much rather be 100% Indian. It is pure circumstance. They just don't have enough Indian Capts. As F/O's get their ALTP and the hours needed for command (2500) they are given the highest priority for command provided they meet the standards required. Some make it and some have to try again.No different than any other airline in the world. Spicejet has around 60 plus expat(foreign national) Capt's all on FATA. There are few Indian Capts here flying on FATA. I would say no more than 2-4 at the most. They are all taking their exams and so the Indian Capts will be 100% on Indian licenses in 6-12 months. The only Capts left on FATA will be expats like me. Their FATA renewal will be per DGCA rules and regulations. My understanding per the new ruling is that it is 3 years or 2010 whichever comes first. When 2010 rolls around it all depends on staffing. If airlines like have enough Indian Capts by that time then expats will not be required to stay. If by 2010 they don't have enough Capts then they will probably request DGCA for case by case extensions, and that's what I meant. They also have to show that they are making an effort to upgrade local pilots. Some military pilots have joined us and have their ALTP and hours. They will be given 500 hrs as F/O and then considered for command. To replace the 60 plus expat Capts at Spicejet, they will have to give command to about 2-3 guys a month. They just don't have the guys right now. They might be able to come up with 1 a month if that. Plus don't forget many Indian Capts are also looking to leave India for other opportunities. So if a few Indians leave as well then the shortage will be even more significant. This model applies not just to Spicejet but also to Kingfisher, JetAirways and others.
Last edited by Nevrekar; 17th Oct 2008 at 15:15.
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Sounds like the Indian Mafia is at work. It's amazing how Jet can announce layoffs of over 1,900 employees and within 48 hrs make it all go away. The movie Godfather where someone made them an offer they couldn't refuse! (remember the horse in the bed scene?) All of a sudden the CEO has mental disturbances, amnesia, does not know about day to day operations etc etc. Folks also have this expectation that because I took out a loan, bought a car, house whatever, the airline is now responsible for keeping me on the payroll.
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Hi folks!Yes it is try!Kingfisher is in deep sheet!Most of the pilots from wide body 340 and 330 are fired!I dont know which way Jet was did that but in Kingfisher they did that in very,very bad maner!!Avoid Kingfisher!!Expats be specialy!!
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Don't suppose it will stop them competing in the Chinese GP, with the biggest motorhome in the paddock ( Yes bigger than Ferrari or McLaren) and with the biggest yacht in the harbour seen at the Valencia GP.
Bit like Stoddard in European / Minardi days. Plenty of money to run an F1 team but f@ck the employees of their respective airlines.
As Niki Lauda proves, the F1 racing mentality is not good news when they get involved in airlines ( certainly for employees)
Bit like Stoddard in European / Minardi days. Plenty of money to run an F1 team but f@ck the employees of their respective airlines.
As Niki Lauda proves, the F1 racing mentality is not good news when they get involved in airlines ( certainly for employees)
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all a show....
all this is shameful. as soon as the dust settles and this incident is forgotten - those unfortunate 1900 employees will be sacked for sure. this time - they will hopefully get a few weeks notice and it will be done the right way!
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Now, this is an interesting article... It's not related to Kingfisher but Dr. Vijay Mallya.... It seems that he has a bit of financial crunch...
Whyte & Mackay is to be put up for sale - Times Online
Whyte & Mackay, the Scotch whisky group, is to be sold off by its parent group, Bangalore-based United Spirits.
United Spirits, a division of Vijay Mallya’s United Breweries, paid £595m for the Glasgow-based distiller at the peak of the market in May 2007.
He is also considering this and other asset and equity stake sales as he struggles to deleverage United Breweries’ tattered balance sheet..
Mallya would be lucky to raise more than £200m from a sale of Whyte & Mackay. This is because of the paucity of potential buyers, the absence of private equity bidders and because the price of bulk Scotch is expected to fall by 15%-20% in the next few years.
United Spirits, a division of Vijay Mallya’s United Breweries, paid £595m for the Glasgow-based distiller at the peak of the market in May 2007.
He is also considering this and other asset and equity stake sales as he struggles to deleverage United Breweries’ tattered balance sheet..
Mallya would be lucky to raise more than £200m from a sale of Whyte & Mackay. This is because of the paucity of potential buyers, the absence of private equity bidders and because the price of bulk Scotch is expected to fall by 15%-20% in the next few years.
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Why KF it is not longer recruing expatriate. Engineers.
During this years many King Fisher planes were smashed for many reason, (inexperience pilots, engineers mistakes, poor maintenance. With a very low and poor maintenance quality, and many aircraft on ground, any airline will get in bankruptcy soon or later. How much money will them self allow to lost ? For many years expat engineer did support Aideccan, Deccan Aviation, Jet Airways, Indian Airlines, Paramount, so why do King Fisher rejected Expat. Engineers?
I don think the main reason could be they are caring about native jobless persons, (and I would understand) because they are recruiting Expat pilots.
So this is a big question they should ask if King Fisher wants to improve maintenance status aircraft.
