Kingfisher Airlines Is Best off Staying on the Ground ; with the Grounded Airline Accumulating Debt of over Rs 13,000 Crore and Banks Unwilling to Bail It out, Vijay Mallya Is Fast Running out of Options to Raise Funds Required to Resume Operations

Vijay Mallya does not like to concede defeat but the odds are overwhelmingly stacked against the feisty industrialist as he battles to resurrect Kingfisher Airlines. With the grounded airline accumulating debt of over Rs 13,000 crore and banks unwilling to bail it out, Mallya is fast running out of ... (Publication: Business Today)