Kingfisher works to find more capital

Victoria
By Victoria September 28, 2011 10:23

Kingfisher works to find more capital

Kingfisher Airlines chairman Vijay Mallya has confirmed at the company’s annual general meeting in Bangalore that he is working aggressively to raise fresh capital by either leasing aircraft or by selling its assets.

The airline needs to improve its financial position since it has never reported profits deterring investors.

Victoria
By Victoria September 28, 2011 10:23
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