‘Trying to help revive Kingfisher’
The SBI comment comes a week after the expiry of the deadline that the lenders had set to the airline management to come up with a revival plan, that includes a $1-billion capital infusion.
“Kingfisher is a good company with a high brand value and lenders are trying to do everything to see that an amicable solution is found,” SBI MD & CFO Diwakar Gupta told reporters. The regulator, DGCA, suspended the airline’s flying licence on October 19.
Be the first to comment.