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Thread: Parent of Kingfisher Airlines buys controlling stake in Air Deccan
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Old Jun 6, 2007, 6:22 pm
  #5  
enjoystravel
 
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Originally Posted by wask
I guess he already has a company registered in the US with a name of Kingfisher International Airlines. All of Mallya's 3 kids are US citizens. So, I don't think he would have significant issues/problems with US government's foreign control/ownership rules.
As in the case of Virgin America, US DOT has been very strict about looking at effective control. I don't think Mallya can get around US rules by using his US citizen kids. It is his usual bluster.
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