Mallya giving up low-cost airline

Vijay Mallya, the boss of Force India, has been in the news a lot in recent days thanks to his troubled Kingfisher Airlines company, which has debts of $1.5 billion. Mallya has just announced that the airline will exit the low-cost sector and try to make money as a premium airline. Kingfisher, which was launched [...]

Source: http://joesaward.wordpress.com/2011/09/28/mallya-giving-up-low-cost-airline/

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