Vijay distances Kingfisher Airlines from United Spirits sale

“Each individual company is a public entity. Kingfisher Airlines’ issues will be resolved by Kingfisher Airlines and UB Holdings. It would be unfortunate if you try to link this transaction with the airline. Let’s not cross contaminate everything and interrelate everything.” That was how Vijay Mallya made it clear that the money was not destined to airline creditors after announcing the deal to sell his United Spirits stake to Diageo. This, just three days after SBI had said the Kingfisher Airlines would have to get capital by the end of this month. Diageo has agreed to buy a majority stake