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Bankrupt Kingfisher Airlines News

20 Aug 2023

'King of Good Times', Who Owned A Boeing 727, Ended Up Being A Fugitive

In 1983, at the age of 28, Mallya succeeded his father as chairman of United Breweries Holdings. He possessed almost 250 classic cars, a private plane, a customized Boeing 727, yachts, and stud farms with about 200 horses. At a London auction, Mallya made a 1.7-crore offer for the sword of Tipu Sultan and other artifacts, which he then brought back to India.

Bankrupt Kingfisher Airlines

16 Feb 2016

Shocking! Banks can recover just Rs 6 crore out of Rs 7000 crore loan lent to Kingfisher

Find out why the 17-bank consortium, who lent Rs 6,900 crore to Kingfisher Airlines, may never succeed in recovering money from the defunct airline

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