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Air deccan annual report

Orders five A380s (cancelled subsequently five A350-800s and five A330-200s for over 3 billion. May 8, 2007: Vijay Mallya eyes stake in Air Deccan. June 2, 2007: Vijay Mallya buys over the crisis-ridden no-frills Air Deccan owned by Capt Gopinath in 2007. March 20, 2012: Mr. Mallya explains the airline's position to the Directorate-General of Civil Aviation (DGCA ) following summons and says that it is suspending all its international operations. March 27, 2012: Burdened by a debt of over Rs.7,000 crore, the airline suspends operations from Kolkata, Hyderabad, Patna. This was in addition to in addition to the decision for induction of capital for an amount not exceeding Rs 500 crore by a rights issue of equity shares taken on July 28. The merged group plans to save up to Rs. 300 crore on costs with a combined fleet strength of 71 aircraft. Through a reverse merger, Kingfisher Airlines became Air Deccan and once the entire acquisition was completes with necessary approvals from the regulator SEBI in place, Mr. June 27, 2012: Kingfisher shares tumble over 13 following reports that 34 aircraft have been possessed due to non-payment of lease rentals. July 5, 2012: A 15-day time was given by the companys lenders to come up with a plan to improve its operations. April 2, 2012: The companys staff threaten to go on strike, demanding payment of salary dues. April 3, 2012: The standoff ends with the protestors accepting the assurance given by Mallya. Kingfisher Airlines was set up in 2003 but hasn't seen a single year of profit since it got listed in 2006. Lets take a look at how the airline put the liquor baron Vijay Mallya on the rocks.

“September 6, 2012: A section of the companys engineers go on strike demanding payment of salaries. The airlines lenders ask Mallya to spell out the airlines revival plan by the end of the month.”
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2012: Chairman Vijay <u>annual</u> <em>annual</em> Mallya gives guarantees worth Rs. September <i>deccan</i> <u>deccan</u> 4, but did <strong>report</strong> not <em>annual</em> <i>annual</i> <u>deccan</u> <i>deccan</i> get any commission for <i>deccan</i> <em>annual</em> the <u>annual</u> same <em>report</em> because <i>annual</i> of <u>annual</u> lenders <strong>report</strong> opposition. 5,904 crore for the carriers <i>report</i> loans and other <u>annual</u> liabilities in 2011-12, 9490

October 2, 2012: The carrier declared partial lock-out following a strike by a section of its employees. October 4, 2012: Uncertainty continues over Kingfisher resuming operations. October 5, 2012: Banks give lifeline to the carrier, agreeing to release Rs.60 crore locked in an escrow account to pay employees.
capt. Gopinath had <i>annual</i> to <u>annual</u> face challenges on multiple fronts. However, <em>deccan</em> <strong>report</strong> his entrepreneurial <strong>report</strong> style warrants close study <strong>deccan</strong> to draw <u>annual</u> out <i>annual</i> useful <u>report</u> <i>report</i> lessons for <strong>report</strong> any <u>report</u> <strong>annual</strong> aspiring entrepreneur. It is fair <u>report</u> <strong>annual</strong> <em>annual</em> to say that <em>report</em> while the <i>report</i> <i>annual</i> progress had been spectacular, 5668

November 9, 2012: The companys Q2 loss widens to Rs. 754 crore, as compared to a net loss of Rs.469 crore in the corresponding period in the previous year. November 10, 2012: Mr.
2009: Kingfishers board <em>deccan</em> approves <em>report</em> a <i>report</i> resolution to raise 100 million <i>report</i> (nearly <i>deccan</i> Rs <em>deccan</em> 487.8 <strong>annual</strong> crore)) <i>report</i> <strong>deccan</strong> by various <u>report</u> <u>deccan</u> <i>annual</i> instruments including Global Depository <u>annual</u> Receipts <i>annual</i> <u>annual</u> (GDRs)). August <em>deccan</em> 31, mallya quickly changed the airline's <em>annual</em> name back <strong>deccan</strong> to Kingfisher Airlines <i>annual</i> in 2008. 8508

The airlines had a total outstanding debt of around Rs.7,500 crore to a consortium of 17 banks led by State Bank of India (SBI). July 14, 2012: Pilots go on strike against the non-payment of wages for almost five months.

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Air deccan annual report
October 20, 2012: The airlines permit got suspended and experts said Vijay Mallyas United Breweries group needs to pump in over Rs. 3,000 crore to get Kingfisher airborne again as no foreign operator would come forward to invest in the airline in its present state.
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