News Details
Mallya’s Kingfisher on the verge of collapse
Mallya's Kingfisher on the verge of collapse 14 February, 2013 Kingfisher airline counter
Force India F1 team boss Vijay Mallya's grounded airline Kingfisher appears to be on the verge of folding.
Respected business newspapers, including the Wall Street Journal, said plans by Kingfisher's lenders to recall loans is 'likely to cause severe financial strain' across Mallya's entire portfolio.
'Fifteen days earlier, I would have given a confident answer. Today I have none,' an unnamed ‘senior Kingfisher executive' is quoted as saying.
An aviation official told the Times of India newspaper: 'It is almost the end of the road for Kingfisher.'
The Business Standard said among collateral...
Full Story »
Full Story »
12y ago from YallaF1.com
0
You May Also Be Interested In...
Lauda: 'Mercedes can fight top three teams'
Niki Lauda says Mercedes can now fight the top three teams in 2013,...
12y ago from TheF1Times.com
Brawn will call shots on pit wall - Wolff
Ross Brawn will retain control of the Mercedes F1 team from the pit wall...
12y ago from espnF1.com
Brawn still in charge on pit wall
Mercedes will keep the status quo on their pit wall this season with Ross...
12y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez on fairytale Honda return: “It’s more...
No description available...
13h ago from Motorsport.com
Marc Marquez assesses his Ducati future beyond 2026...
Nine-time MotoGP champion Marc Marquez will be a key figure in the rider...
1d ago from MotorsportWeek.c...
MotoGP 2026: Team launches and pre-season testing...
No description available...
1d ago from Motorsport.com
Aleix Espargaro quits pro cycling after injuries...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: A wishlist for the 2026 IndyCar season
No description available...
11h ago from Motorsport.com
Scott Dixon awarded prestigious New Zealand honor
To close out 2025, one of IndyCar’s most decorated drivers was awarded...
2d ago from MotorsportWeek.c...
Exclusive: Nolan Siegel on hot seat entering contract...
No description available...
3d ago from Motorsport.com
Top five memorable drives of the 2025 IndyCar season
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
These are leading contenders for the 2026 Dakar Rally
No description available...
18h ago from Motorsport.com
Juan Cruz Yacopini to miss 2026 Dakar Rally after sea...
No description available...
19h ago from Motorsport.com
Sebastien Ogier pays tribute to WRC rival that...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta explains the real reason he's dropped...
Arsenal manager Mikel Arteta has now opened up on the situation of...
7h ago from CaughtOffside.com
Bournemouth vs Arsenal Prediction and Betting Tips |...
The Premier League returns to the fold with another set of matches this...
11h ago from SportsKeeda.com
‘Let’s break it’: Mikel Arteta urges leaders...
t;li>Side failed to win league last five times after being top on New...
17h ago from TheGuardian.com
'We will try…' – Mikel Arteta drops major...
Arsenal manager Mikel Arteta has dropped a clear hint that his club will...
19h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton and Ferrari image 'not as bad as people make...
It was a wretched first year for Lewis Hamilton... Read More »
52m ago from RacingNews365.com
Symonds slams F1’s 2026 power unit: ‘We ended up with a...
Formula 1’s upcoming 2026 power units have... Read More »
18h ago from F1i.com
F1 New Year: Lewis Hamilton parties with Kim Kardashian and...
Seven-time F1 world champion Lewis Hamilton... Read More »
8h ago from GPFans.com
