Kingfisher denies having ‘overdues' to oil marketing cos

New Delhi: Kingfisher Airlines Ltd said on Thursday that it does not have any “overdues” to any oil marketing companies.
Speaking on the sidelines of a Confederation of Indian Industry event, the Chairman of Kingfisher Airlines, Mr Vijay Mallya, said, “We have given the oil marketing companies a lot of money. So we do not have any overdues.”
The Government had earlier asked the State-owned oil marketing firms to stop supply of jet fuel to Kingfisher on credit if the airline failed to pay its dues.
23/09/10 Business Line

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Categories: Kingfisher Sep 2010