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Letter of Vijay Mallya to KFAs employees
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Letter of Vijay Mallya to KFAs employees

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  • 1. Dear Colleagues,Today is an important day in our history. Unfortunately a sad one.Several of you have been in dialogue with our CEO and also Hitesh Patel. Thecommitments made by them have been met to the extent of 75 percent as of yesterday.We struggled immensely and I personally have devoted more time to our Airline than toany other UB Group Company in addition to investing over Rs. 4,000 crores intoKingfisher Airlines since we started.We worked hard to gain the trust and confidence of our guests. Today, by forciblycancelling several flights we have lost most of that.The media will disgrace us and our flights going forward will be empty leading to furtherloss of income as our guests will not select Kingfisher if they are doubtful about theintegrity of our schedule.Damaging the future of Kingfisher in the public eyes is not going to produce cash. It onlymakes it more difficult to recover.I really hope that good sense will prevail. I am doing my best. If some of you think thatcancelling flights, speaking to media, or disgracing our Company will produce cash andsalaries, you are wrong. This only makes my recapitalization efforts more difficult bycausing concern and apprehension among our potential investors.One of the main reasons that has motivated me into investing more money to keepKingfisher flying is that I see light ahead. I invite you to share my confidence and worktowards realising that light.I sincerely hope that all of you will listen carefully to my appeal and work together torestore Kingfisher to its rightful place in the Aviation industry.Regards,Vijay Mallya,Chairman

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