the problem is in whole aviation industry whether it be Kingfisher , Indian Airlines or any other aviation company
I clearly stated that I was talking about whole industry not on the specific Company .
So I think we must make it a point to read twice before try and mock someone .
Sir Debarghya Mukherjee , Please accept my respect
I pointed out problem with whole industry due to which all the company are going through turbulence period .
and to be specific on AirIndia , Yes the financial position may be because of Government policies , upto an extent they are responsible but primarily the problem is with Aviation Industry . ( So its not the case with KF or AA even Jet is facing problems )
Take an example of American Airlines who filed for bankruptcy before some time .
Highly leverage balance sheet , relatively high cost of capital , low fares and high over head cost supported by improper management are the reasons .