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Kingfisher Airlines Owner Could Face Arrest!  
User currently offlineadityashankar From Canada, joined Jun 2007, 50 posts, RR: 0
Posted (1 year 6 months 3 days 11 hours ago) and read 10920 times:

Hey A.netters,

i'm pretty sure this whole 'KF might close down', 'should close down' is becoming a broken record, well to add more that, here's a new development in that story. Apparently KF owner Vijay Mallya could face an arrest, in regards to his cheque(s) (included payment of airport charges) which bounced.

Any comments/ reflections??

IMHO, he should have seen this coming.

http://www.ibtimes.co.in/articles/39...on-bailable-warrant-kingfisher.htm

Cheers,
Aditya

Moderators: I did my best to make sure no one has posted a similar topic, if you find a similar one, feel free to delete this one!!


Spreading the Joy of Flight
24 replies: All unread, jump to last
 
User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 1, posted (1 year 6 months 3 days 10 hours ago) and read 10843 times:

I think the thread title isn't quite accurate.

He does face arrest.
However, he won't actually be arrested - his anticipatory bail paperwork is probably all set.


So therefore, this is a bit of a non-story. Status quo will be maintained.



Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
User currently offline2008matt From United Kingdom, joined Jun 2008, 124 posts, RR: 0
Reply 2, posted (1 year 6 months 3 days 10 hours ago) and read 10819 times:

I think the whole situation surrounding kingfisher is sad, I personally thought they provided an excellent service when I flew from LHR-BKK via Mumbai last summer.

[Edited 2012-10-14 16:07:48]


Keep calm and up your game!
User currently offlineStitch From United States of America, joined Jul 2005, 29656 posts, RR: 84
Reply 3, posted (1 year 6 months 3 days 10 hours ago) and read 10789 times:
Support Airliners.net - become a First Class Member!

I guess we'll know if we see him in the Force India pits at Buddh International Circuit in two weeks. 

User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 4, posted (1 year 6 months 3 days 8 hours ago) and read 10439 times:

Quoting Stitch (Reply 3):
I guess we'll know if we see him in the Force India pits at Buddh International Circuit in two weeks.

We'll see him for sure. No need to worry for Mallya fans!



Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
User currently offlineblueflyer From United States of America, joined Jan 2006, 3696 posts, RR: 2
Reply 5, posted (1 year 6 months 3 days 6 hours ago) and read 10194 times:
Support Airliners.net - become a First Class Member!

Quoting aeroblogger (Reply 1):
However, he won't actually be arrested - his anticipatory bail paperwork is probably all set.

So what is a non-bailable warrant if he won't be arrested?



I've got $h*t to do
User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 6, posted (1 year 6 months 3 days 5 hours ago) and read 10047 times:

Quoting blueflyer (Reply 5):
So what is a non-bailable warrant if he won't be arrested?

Even with a non-bailable warrant, anticipatory bail will still work.



Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
User currently offlineAirIndia From United Arab Emirates, joined Jan 2001, 1607 posts, RR: 1
Reply 7, posted (1 year 6 months 3 days 3 hours ago) and read 9791 times:

anticipatory bail is like a vaccination injection you take to prevent infection (arrest)

User currently offlinegauravpai From , joined Dec 1969, posts, RR:
Reply 8, posted (1 year 6 months 3 days 3 hours ago) and read 9756 times:

Quoting AirIndia (Reply 7):
anticipatory bail is like a vaccination injection you take to prevent infection (arrest)

couldnt have said it any better!    

Also seems to work more in cases of the influential and politically connected!   

cheers


User currently offlineCricket From India, joined Aug 2005, 2964 posts, RR: 7
Reply 9, posted (1 year 6 months 3 days ago) and read 8961 times:

Quoting aeroblogger (Reply 1):

I think the thread title isn't quite accurate.

He does face arrest.
However, he won't actually be arrested - his anticipatory bail paperwork is probably all set.


So therefore, this is a bit of a non-story. Status quo will be maintained.

Basically he has to make a personal appearance in front of this judge...



A300B2/B4/6R, A313, A319/320/321, A333, A343, A388, 737-2/3/4/7/8/9, 747-3/4, 772/2E/2L/3, E170/190, F70, CR2/7, 146-3,
User currently offlinePHX787 From Japan, joined Mar 2012, 6940 posts, RR: 18
Reply 10, posted (1 year 6 months 2 days 14 hours ago) and read 4683 times:

I'm not sure if someone covered this, but i Briefly saw something on a news site that explicitly said KF could go bankrupt on the 20th of this month.


Sources:
http://profit.ndtv.com/news/corporat...nds-lockout-till-october-20-311992

Sounds like a total mess.



One of the FB admins for PHX Spotters. "Zach the Expat!"
User currently offlinemanny From United States of America, joined Sep 2006, 465 posts, RR: 0
Reply 11, posted (1 year 6 months 2 days 11 hours ago) and read 3710 times:

My impression based on inputs from friends is nobody gets arrested for a bounced cheque in India. You should be served and appear in court for arraignment. If you do not appear at the court than that's when things escalate.

Seems like Mallya chose not to show up.


User currently offlineNYC777 From United States of America, joined Jun 2004, 5666 posts, RR: 47
Reply 12, posted (1 year 6 months 2 days 10 hours ago) and read 3608 times:

He should be arrested just for his hair alone...along with the designer of Air India 787 interiors for blinding us and general lack of design sense.


That which does not kill me makes me stronger.
User currently offlineAirIndia From United Arab Emirates, joined Jan 2001, 1607 posts, RR: 1
Reply 13, posted (1 year 6 months 2 days 5 hours ago) and read 3438 times:

Quoting NYC777 (Reply 12):
along with the designer of Air India 787 interiors for blinding us and general lack of design sense.

Whats he got to do with Air India designs


User currently offlinesankaps From United States of America, joined Jan 2008, 2252 posts, RR: 2
Reply 14, posted (1 year 6 months 2 days 2 hours ago) and read 3320 times:

Quoting NYC777 (Reply 12):
along with the designer of Air India 787 interiors for blinding us and general lack of design sense.

Any photos? I am not surprised though, as AI has tended to do strange things like call a panel of fim stars and celebs to help select their first class seat and colors etc in the past.

As for Mallya... so many people say its a shame because "Kingfisher really was a good airline". That may be true in a narrow sense in that they spent (borrowed) money freely to impress and win customers. But there was never really a viable business plan, and anyone who has been around the industry long enough knew that it was not sustainable, that the good times would end when the bills (and loans) came due!


User currently offlinevivekman2006 From India, joined May 2006, 527 posts, RR: 3
Reply 15, posted (1 year 6 months 2 days 1 hour ago) and read 3284 times:

Quoting AirIndia (Reply 13):
Whats he got to do with Air India designs

I think NYC777 meant arrest both Mallya (for his hairstyle) and the designer of the Air India 787 interiors.


User currently offlineAirIndia From United Arab Emirates, joined Jan 2001, 1607 posts, RR: 1
Reply 16, posted (1 year 6 months 1 day 22 hours ago) and read 3178 times:

Quoting vivekman2006 (Reply 15):
I think NYC777 meant arrest both Mallya (for his hairstyle) and the designer of the Air India 787 interiors.

oh yes. for a moment i though everthing wrong in indian aviation is being blamed on VJM...... which may be partially true also :P


User currently offlineaeroblogger From India, joined Dec 2011, 1363 posts, RR: 0
Reply 17, posted (1 year 6 months 1 day 22 hours ago) and read 3160 times:

Quoting sankaps (Reply 14):
Any photos? I am not surprised though, as AI has tended to do strange things like call a panel of fim stars and celebs to help select their first class seat and colors etc in the past.

Photos don't do the cabin justice - don't judge it until you see it in person...

There is a trip report by justbala on A.net which has some pics.



Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
User currently offlineHAWK21M From India, joined Jan 2001, 31568 posts, RR: 57
Reply 18, posted (1 year 6 months 1 day 1 hour ago) and read 2816 times:

Quoting AirIndia (Reply 7):


anticipatory bail is like a vaccination injection you take to prevent infection (arrest)

well said guru....



Think of the brighter side!
User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 19, posted (1 year 6 months 15 hours ago) and read 2588 times:

Kingfisher Airlines settles GMR dues, warrants against Vijay Mallya withdrawn.
http://www1.economictimes.indiatimes...withdrawn/articleshow/16854770.cms

Quote:
The ailing airline Kingfisher AirlinesBSE 5.00 % (KFA) has on Wednesday cleared the Rs 10.5 crore of dues to GMR, the owner of Hyderabad International Airport, and arrived at a settlement to cancel the non-bailable warrants served on its chairman Vijay Mallya and four senior executives.


User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 20, posted (1 year 5 months 4 weeks 1 day 3 hours ago) and read 2367 times:

Kingfisher Airlines stares at licence suspension.
http://timesofindia.indiatimes.com/b...uspension/articleshow/16873079.cms

Quote:
Crisis-ridden Kingfisher Airlines could be on the verge of having its flying licence suspended. Like scores of its unpaid employees, vendors and service providers, the aviation ministry is also going to look for real money - and not just promises or timelines to pay - in the reply the airline has to file to Directorate General of Civil Aviation (DGCA)'s notice by Saturday.

Unless convinced that Kingfisher has the resources to operate as a schedule airline and maintain its timetable of flights with full safety, highly placed aviation authorities say they will go for licence suspension. "Kingfisher is on cash and carry by most service providers. We do not want a situation where the airline restarts operations and then keeps flying in fits and starts whenever its unpaid employees are not on strike and the service providers refusing to service it. We have seen enough of that since last November," said a senior official.

A formal decision on the airline's licence could be taken next week.


User currently offlinePHX787 From Japan, joined Mar 2012, 6940 posts, RR: 18
Reply 21, posted (1 year 5 months 4 weeks 1 day 3 hours ago) and read 2344 times:

http://www.ibtimes.com/kingfisher-ai...oyees-fail-lockout-extended-847749
Lockout extended    This is not looking good at all.

Quoting LAXDESI (Reply 20):
A formal decision on the airline's licence could be taken next week.

I heard in the next 2 days we could see the creditors bailing out on KF. On various websites I see Oct. 20 as judgement day for Kingfisher.

Quoting LAXDESI (Reply 19):
Kingfisher Airlines settles GMR dues, warrants against Vijay Mallya withdrawn.

Well License facing suspension, creditors about to withdraw, the warrants withdrawn.... Boy, this is nuts.



One of the FB admins for PHX Spotters. "Zach the Expat!"
User currently offlineHAWK21M From India, joined Jan 2001, 31568 posts, RR: 57
Reply 22, posted (1 year 5 months 4 weeks 1 day 1 hour ago) and read 2302 times:

Another A320 startup needed.........


Think of the brighter side!
User currently offlinePHX787 From Japan, joined Mar 2012, 6940 posts, RR: 18
Reply 23, posted (1 year 5 months 4 weeks 16 hours ago) and read 2173 times:

Drama continues for Kingfisher
No Salaries, Kingfisher Spouse Commits Suicide (by sankaps Oct 4 2012 in Non Aviation)



One of the FB admins for PHX Spotters. "Zach the Expat!"
User currently offlineHAWK21M From India, joined Jan 2001, 31568 posts, RR: 57
Reply 24, posted (1 year 5 months 3 weeks 6 days 23 hours ago) and read 1951 times:

Quoting PHX787 (Reply 21):
Well License facing suspension,

has occured today....



Think of the brighter side!
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