At "India Grand Prix" in the South New Delhi Buddh International Circuit,Mallya said:"It is a media perspective I do so I'm not so sure my lack of business savvy and I want to sell a huge prosperity successful companies take cash and put it into an airline environment such as India."My team to generate enough cash to subsidize airlines airline we have done since April 2012 we have nearly 1.5 million pounds but this does not mean I want to sell my house money funded airline. "
Mallya has been talking to the brands include Johnnie Walker whiskey and Smirnoff vodka manufacturer Diageo joint Wine Co. Ltd. the sale of shares earlier this weekend he said he did not know whether he would agree to the London-listed company.
Mallya said:"I did not do a deal with Diageo,I did not force anything but then again I will do what is good ... myself my family wealth and long-term shareholder value.""I have to do it because each company is a listed company the interests of the shareholders of these companies I have the responsibility"
Kingfisher Airlines Limited the company never profit their license will be revoked the Indian civil aviation authorities last week and did not fly away staff protest since October has been unpaid since March.The cash-strapped carrier said on Friday that it will use its own money to try and get in the air. The day before the staff has agreed to return to work after Nov. 13 the airline said will be paid three months overdue wages.
According to the aviation hub in the Asia-Pacific Kingfisher Group's total debt of about $ 2.5 billion a consultant.Mallya said that the airline must be handled professionally but he would like to continue to survive. Environment and government policies must encourage them to do so "he said a cigar in hand."Therefore we will give our best shot and we are committed to this. Use Justdial Hyderabad for the local search of any service. "Fuel costs are very high dirty high taxes lack of foreign investment privileges literally - until six weeks ago the Indian aviation space is actually some attractive growth potential so many different factors "he explains."The tax revenue the government needs to look very seriously you can not when crude oil prices hovered at about $ 60 to $ 70 a barrel is now more than $ 100 a barrel an average of 25% of the fuel sales tax."
Mallya has been looking for a partner airline and said it has hired two investment bankers as part of the search.India partner or partners or foreign partners to engage in dialogue with a number of potential investors "he said."Now you can trade in six weeks can not suture this is not possible it needs more like six months. He said:" Everything is on the move. There are a lot of moving parts we are trying to establish a good solid
strong package.
Mallya has been talking to the brands include Johnnie Walker whiskey and Smirnoff vodka manufacturer Diageo joint Wine Co. Ltd. the sale of shares earlier this weekend he said he did not know whether he would agree to the London-listed company.
Mallya said:"I did not do a deal with Diageo,I did not force anything but then again I will do what is good ... myself my family wealth and long-term shareholder value.""I have to do it because each company is a listed company the interests of the shareholders of these companies I have the responsibility"
Kingfisher Airlines Limited the company never profit their license will be revoked the Indian civil aviation authorities last week and did not fly away staff protest since October has been unpaid since March.The cash-strapped carrier said on Friday that it will use its own money to try and get in the air. The day before the staff has agreed to return to work after Nov. 13 the airline said will be paid three months overdue wages.
According to the aviation hub in the Asia-Pacific Kingfisher Group's total debt of about $ 2.5 billion a consultant.Mallya said that the airline must be handled professionally but he would like to continue to survive. Environment and government policies must encourage them to do so "he said a cigar in hand."Therefore we will give our best shot and we are committed to this. Use Justdial Hyderabad for the local search of any service. "Fuel costs are very high dirty high taxes lack of foreign investment privileges literally - until six weeks ago the Indian aviation space is actually some attractive growth potential so many different factors "he explains."The tax revenue the government needs to look very seriously you can not when crude oil prices hovered at about $ 60 to $ 70 a barrel is now more than $ 100 a barrel an average of 25% of the fuel sales tax."
Mallya has been looking for a partner airline and said it has hired two investment bankers as part of the search.India partner or partners or foreign partners to engage in dialogue with a number of potential investors "he said."Now you can trade in six weeks can not suture this is not possible it needs more like six months. He said:" Everything is on the move. There are a lot of moving parts we are trying to establish a good solid
strong package.
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