Editorial Comment

Kingfisher Airlines in rights issue and to reactivate Airbus order – Investors say fine, but we need our man at the top – cue a known name for the role of CEO!

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Kingfisher Airlines in rights issue and to reactivate Airbus order – Investors say fine, but we need our man at the top – cue a known name for the role of CEO!

Kingfisher Airlines is to launch a $250 million GDR issue shortly, and is also in the process of restructuring its debt with a consortium of bankers, chairman Vijay Mallya said on Thursday. Speaking at UB Holdings AGM, Mallya confirmed the debt recast is expected to be completed in the "next month o...

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