It was operational costs along with that FUEL Prices is the culprit !

Absolutely right! Moreover, if you dont have better & safe planes.. things wont work. I had an opportunity to fly with KFA in january. I had the worst flight experience in my life. The damn plane looked 30 years old from inside and out as well. The seats are worst than a B grade town cinema theatre. Leg room.. too small even for a 6 year old. No food.. No drinks. Just buy and eat at 5star hotel rates.

the kingfisher should get better managers who can control its finances,i dont understand how he lost so much in such a short span,was it a bad corporate governance or simply a high flier and thinks the money is his and spend as he wishes?

Kya bolti bandh???? In eng : What? speak close??

True! Many predictions reg. "end of world" are there. But KFA is for sure!!

traders who are stuck with KFA is coming as ghosts and posting false information to trap the newbies... beware... unfortunately you may see the end of KFA in 2012... trade carefully...

Trust you are right and 2-3 years seems long time and it should give one good return in 6 months ...good to buy this stock under Rs.7

Wait for 2-3 years, KFA will rise again. This is just a gameplan. Banks can not afford to close KFA.

A country where a lower middleclass person after become the political leader does the scam of lakhs of crores scams considering this our total banking system 7000 crores is nothing

Indian banking itself is a systemic risk

Malay will not close and in the same time can not pay back loans to banks..... And he may not remove employees..... Employees to not leaving the company..... Govt unable to solve the problem and not interested to take action.... Taxmen and bank men will be rounding at their offices.....

Yes,this company may run like this..... No govt will take radical action as this group is causing lot of tax collections to the govt kitty....

Rs.7000 crores will definitely pose systematic risk for the banking system. RBI Dy.Governor only favour KFA due to it`s owner belongs to congress party.

Is RBI DG speaking political lanquage??
situation is such Aam admi Could not trust POLITICION and the OFFICERS whom the backing is from POLITICAL G F;upporter

There should be sort of Stop Loss System with Banks , just like we have for our Equity Investments