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
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
5d ago from Motorsport.com
Why Jorge Martin burst into tears at MotoGP Hungarian...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘My exceptional 2025 MotoGP season...
No description available...
2d ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar Nashville – Qualifying Results
The final qualifying session of the 2025 IndyCar season took place on...
1h ago from MotorsportWeek.c...
O’Ward tops 202 MPH to take IndyCar pole in Nashville
The NTT IndyCar Series is visiting Nashville Superspeedway this weekend,...
1h ago from MotorsportWeek.c...
Callum Ilott, Christian Rasmussen given IndyCar grid...
The NTT IndyCar Series has handed out grid penalties for two drivers...
7h ago from MotorsportWeek.c...
Pato O’Ward turns quickest lap in practice for...
IndyCar took to the Nashville Superspeedway oval on Saturday afternoon,...
5h ago from MotorsportWeek.c...
Popular On TotalWRC.com
M-Sport Ford team hits bedrock at WRC Rally Paraguay...
No description available...
2h ago from Motorsport.com
WRC Paraguay: Ott Tanak loses victory hopes, Kalle...
No description available...
5h ago from Motorsport.com
WRC Rally Paraguay leaderboard in disarray after...
No description available...
23h ago from Motorsport.com
WRC Paraguay: Adrien Fourmaux leads, Sebastien Ogier...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
West Ham may have edge over Euro giants in race to...
West Ham United have reportedly joined the race for the potential transfer...
8h ago from CaughtOffside.com
Done deals: Arsenal set to confirm two major defensive...
Arsenal are pushing to wrap up two significant defensive deals before the...
11h ago from FreshArsenal.com
'Talks ongoing' – David Ornstein provides update...
Arsenal left-back Oleksandr Zinchenko is a transfer target for Marseille,...
12h ago from CaughtOffside.com
Exclusive details on complicated structure of Piero...
Piero Hincapie is set to become an Arsenal player as there's an agreement...
11h ago from CaughtOffside.com
Comments
Hottest News
Lance Stroll: The most prolific crasher in Formula 1 history
No description available... Read More »
1h ago from GrandPrix247.com
FIA issue Max Verstappen penalty verdict at Dutch GP
The FIA have announced their penalty verdict for... Read More »
5h ago from GPFans.com
Lewis Hamilton doomed after bleak Dutch GP prophecy
Lewis Hamilton may have little to celebrate at... Read More »
28m ago from GPFans.com
