Vijay Mallya, chairman and founder of grounded Kingfisher Airlines, is ready to inject about 4.25 billion rupees ($775,000 million) into the carrier to restart operations if and when India's aviation regulator gives the go-ahead, one of the members of the airline’s lenders committee says. “They have a plan for limited restart. They may start with certain number of flights, of say five aircraft, and go up within three to four months. They need 4.25 billion [rupees] for resuming the ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Kingfisher Chairman Tells Lenders He Will Provide Funds To Rescue Airline".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.