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8.50 AM Oct 25th 2012   | Track |  Tracked by : 2 boarders
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Reposted about 210 days 22 hrs 58 min 46 sec ago by rajesh5
9.45 PM Oct 25th 2012
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He is siingle biggest liability of KFA. He and his cronies were living off the airlines by browbeating banks. Most of the losses could be accounted for by his wasteful expenditure. He has arm twisted the banks into converting loans into equity at a fancy prize and then kept t aking more loans. This is nothing short of a scam. he knew airline business is the one where he could palm of money without getting caught. He has wasted public money and should be declared bankfrupt and personal properties seized
10.09 AM Oct 26th 2012
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Yes
10.07 AM Oct 26th 2012
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King Fisher Airline is a business model which either did not suit Indian market or was not planned and executed effective and efficiently.

Mr Mallya has lost a lot and hence unless a case is made of fraud he alone cannot be blamed for the outcome.
9.58 AM Oct 26th 2012
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His extravagant lifestyle is to blame (IPL,formula 1 etc).He first has to set his business in order.
9.57 AM Oct 26th 2012
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its business
9.52 AM Oct 26th 2012
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no reason
9.45 AM Oct 26th 2012
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I do not think. Any how if all employee gets their dues before Diwali atleast they can celebrate their happiness after a long one year gap. Last one year been sad time for all its employee
9.42 AM Oct 26th 2012
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More than Mr. Vijay Mallaya the top management should be blamed. The employee should be given their rights i.e monthly salary timely..
9.40 AM Oct 26th 2012
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yes
9.36 AM Oct 26th 2012
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who else?
9.34 AM Oct 26th 2012
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yes he is indeed responsible for the current fiasco as well as he ate up a very popular and economical Air Deccan too. He must have some vested interests in all this.
9.26 AM Oct 26th 2012
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Yes Vijay Mallya is responsible for the crisis.
9.25 AM Oct 26th 2012
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he wants this crisis to happen. he is manipulating everything...
9.24 AM Oct 26th 2012
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The crises has deepened because of un professional handling of KFA by VM.
9.21 AM Oct 26th 2012
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