Vijay Mallya finally starts fight for Kingfisher's revival

Vijay Mallya
New Delhi, Oct 30: After many controversies over his apathy towards Kingfisher and its struggling employees, Vijay Mallya finally began a fresh fight to revamp his grounded airlines on Tuesday, Oct 30.

Mr Mallya, once known as King of Good Times, met Civil Aviation Secretary KN Shrivastava to brief him about the revival plan of the airline, whose flying licence was suspended by DGCA.

After his meeting Mr Srivastav, Mr Mallya said, "I have briefed the secretary on revival, restart plan. It would be a comprehensive plan. All hurdles will be crossed."

The Chairman of the airline is also expected to meet Airports Authority of India Chairman VP Agarwal who had asked the airline authorities to vacate two hangars at Kolkata and Chennai airports as it owes Rs 293 crore to the state.

The industrialist on Oct 28 overruled all speculations saying that he would not sell his family properties to save Kingfisher.

Reacting against media reports on his plans of selling properties, Mallya, the UB Group Chairman, said, "...that is the media perspective of what I am going to do. I am not so sure that I lack commercial acumen to the extent that I would sell a hugely thriving, successful business to take the cash and put it into an airline in an environment such as India."

"Selling assets to fund the airline? No plans of that nature whatsoever," asserted Mr Mallya while overruling all rumours surrounding his plans to fund the airlines.

OneIndia News

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