With the Vijay Mallaya owned Kingfisher Airlines relishing the good times in the airlines business the beer king is now planning to surge ahead . The company ‘ flying venture getting a start in may last year is now scheduling to land up at the international airline business with the introduction of its’ IPO in coming five to five months.
Kingfisher has already marked its presence in the domestic air market by grabbing at around 7 pc total market share. Meanwhile the company’ plans have been balked by the Centre’ aviation policy which only entitles companies owing five year air flying experience for the international venture.
Talking on the issue Mallaya revealed his intentions to head for an American base in case of facing strife with the Indian policies. The company has put forward the proposal to the centre authorities and waiting for an affirmative nod.
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