Kingfisher still in talks with local investor: Mallya

Friday December 02, 2011
Reference from
Kingfisher Airlines` Chairman, Vijay Mallya

Kingfisher Airlines` Chairman, Vijay Mallya

KINGFISHER Airlines Chairman Vijay Mallya has said that he is still in talks with an Indian investor to raise funds.

Mallya spoke to journalists after meeting the Finance Minister Pranab Mukherjee.

Kingfisher, India`s third largest carrier, has cancelled hundreds of flights in November as its net worth has eroded, and is struggling to raise funds to continue operations.

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