to revive or not first Mr.Mallya cannot put the company on right track. who is responsiable for KFA to be at tis stage... only the employees.they took salaries 3 times prevailing in the market( sources spicjet) and now when the company is not doing well they do not support. even all are terminated they go to the market they will get 300@ less than what they are earning.
First of all VM should not have let it stop operation and DGCA suspend its licence. Now double the efforts and funds will be required to bring it back to start operations. It is not only the engineers, full support is required from Airbus Industries to resume it machine to fly again, and, for that too lot of money and efforts required.
Never, Indian Government and DGCA should given a strong signal to the Service sector industries, who are not fairly working for customers they should suspend permanently otherwise all will start doing like that..... lets the money power will win or Customer Value.
I am afraid I disagree with your point of view. If it is making losses due to business downturn, that why not Indigo and Jet and Spicejet. Yes, they may be making loses but there is threat to existence of these airlines. Mallya could not foresee the events unfolding and was busy with his lifestyle which does not help business.
NO, Viojay Mallya is essentially a threacherous and untrustworthy man. If he can make a unbashed statement that KFA is a Public limited Co. and he owes not a single rupee to anyone, one can imagine his class and character. Technically he may be right, but as a promoter is he not responsible? He is a no gooder with any distinct sucess or achievment of his own. He has thrived and basked in the glory of what his noble father had created. Apart from having a gala time at the expense of others, he is incapable of anything. He and his CEO have fooled their staff, Oil Companies, Airport Authorities,..... His airlines should be grounded for good and liquidated. No doubt, it is sad for his employees, but a free economy advocates that inefficient and unviable enterprises should be closed down before they sink with more burden