Aerospace Diary

Neelam Mathews Jan 20, 2012 While Aerospace Diary, in no way, wants to be associated with any kind of sensationalism, at the risk of putting our necks online, word has it a very very senior expat executive of Kingfisher is on his way to moving out to “fix” operational woes of the smallest budget carrier. The buzz also says replacing him will be an old hand who was President-Marketing & Corporate Affairs Sahara India. Presently, he runs an integrated aviation company, with six divisions- Regular Flights, Charters, Airport Management Service, Holidays. Aero Sports Club. Consulting….wonder if this were to happen, if it could be related to a certain cash infusion ….? Ramp staff in red skirts, are concerned  they will soon have to switch to wearing red saris!

Neelam Mathews Nov 20, 2011 Memories are transient in the aviation business. No matter how much you want to move away, it draws you back, with past lessons forgotten. Subrata Roy Sahara could be a case in point. Having burnt his fingers with Air Sahara, even as one writes this, Aerospace Diary has learnt Vijay Mallya is enroute to Lucknow – (today) to hold “imminent” discussions with Subrata Roy Sahara to sell a major portion of Kingfisher Airlines (KFA). We could not confirm the details nor the exact nature of discussions. “There seem to be no bailouts left for KFA. With talks with a major Indian investor having failed, this is the only option left for Mallya.  Besides, talks with the banks too are not moving forward……Everything has failed. Should the FDI in Indian carriers by foreign airlines be allowed-if at all- it is likely to be around just 24%. This will not give management control to the new partner…..nobody wants to burn their fingers any more in KFA……,” says a...