Monthly Archives: June 2012
You wonder really what happened to the airlines started by the liquor baron of India. The airlines touted as one of the world’s best luxury airline and giving the likes of Virgin Atlantic a run for it’s money, suddenly seems to be reeling from a financial crisis! But is it true that the ailing airline is a victim of the various factors that has affected the airline industry worldwide. Many would like to think so but if you look at the company’s financials, you will find that the story is not quite true. The company hasn’t registered a profit since it’s inception!