Airlines of India - Accounting problems for KF now...

First, there was a winding up petition by a creditor, for KF's failure to pay fuel outstandings on time. Here's the next...

http://avindia.blogspot.com/2009/09/kingfisher-airlines-q1-result-under.html

KF's quarter 1 results have raised questions about their accounting practices. Hope this isn't another Satyam in the making :confused:

...Hope this isn't another Satyam in the making :confused:

All said and done, Satyam was profitable. Don't think we can say the same for IT.

All said and done, Satyam was profitable. Don't think we can say the same for IT.
You've got a point!

You've got a point!

I just hope they don't go under.

BTW - nice signature.

I just hope they don't go under.

BTW - nice signature.
Wonder what's going to happen after today's reports, if they are AT ALL true (http://www.flyertalk.com/forum/airlines-india/999617-air-india-likely-suspend-operations-midnight.html)

Signature: Thanks! Tis the truth!