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Old Apr 28, 2011 | 9:09 am
  #43  
PresRDC
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Originally Posted by CXBA
they were/are(?) one of the purchasing targets of the newly formed IAG group (BA/IB), furthermore Mallya spirits' empire has enough steam to carry on them for the foreseeable future, I don't think money is as big as a problem. Organization maybe, and in need of good restructuring in the hand of capable managers: he few times i traveled with them saw a good product, but a tad overshadowed by Mallya antics.
Otherwise there is always a backup option, 9W.
Product isn't the issue. They lack the cash to pay their bills when they become due and only pay when they absolutely have to to avoid AOGs.
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