Mumbai:Kingfisher Airlines Ltd Chairman Vijay Mallya has blamed almost everyone, including engine suppliers, employees, banks and tax authorities, for grounding of the carrier since October last year.
In the airline's annual report (2012-13), he also mentions that the company is in talks with a "potential investor".
United Breweries (Holdings) Ltd, the holding company of the airline, has filed a case against International Aero Engines AG in a Bangalore Court, claiming Rs 1,677 crore in damages, for allegedly supplying inherently defective engines, said the report.
The report, signed by Mallya, has been sent to shareholders ahead of Annual General Meeting on September 24.
"In view of the difficult operating environment as well as the engine problems, your company's airline operations and finances were severely affected," the annual report said.
02/09/13 PTI/Indian Express
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In the airline's annual report (2012-13), he also mentions that the company is in talks with a "potential investor".
United Breweries (Holdings) Ltd, the holding company of the airline, has filed a case against International Aero Engines AG in a Bangalore Court, claiming Rs 1,677 crore in damages, for allegedly supplying inherently defective engines, said the report.
The report, signed by Mallya, has been sent to shareholders ahead of Annual General Meeting on September 24.
"In view of the difficult operating environment as well as the engine problems, your company's airline operations and finances were severely affected," the annual report said.
02/09/13 PTI/Indian Express
