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Vijay mallay

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GOPIKA ARVIND

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Vijay mallay

  1. 1. “ THE KING OF GOOD TIMES“
  2. 2. “THE LIQUOR BARON ”
  3. 3. VIJAY MALLYA • BORN : 18th December 1955 , KOLKATTA • PARENTS : VITTAL MALLYA & LALITHA RAMAIAH • MEMBER OF PARLIAMENT • SPOUSE : REKHA • CHILDREN : SIDDHARTH MALLYA
  4. 4. BUSINESS OWNED
  5. 5. KINGFISHER AIRLINES
  6. 6. RAPID GROWTH
  7. 7. TIMELINE : 2005 Started operations
  8. 8. 2006:Entertainment options
  9. 9. 2007:ACQUSITION
  10. 10. 2008:International operations
  11. 11. 2009:Several awards
  12. 12. 2010:Indigo and Jet airways surpass
  13. 13. 2011: Serious cash flow problems
  14. 14. 2012:Turbulent year in the history
  15. 15. WHAT WENT WRONG ???
  16. 16. STATEMENT • FAILED LOW COST MODEL • GOVERNMENT ROLE • COMPETITION • BARGAINING POWER OF SUPPLIERS • AIRCRAFTS
  17. 17. THE FALL OF EMPIRE BEGINS!!! • The kingfisher Airlines crisis refers to a series of events that led to severe disruptions within Kingfisher Airlines • Ever since it began its operations in 2005 , it has been reporting losses • After acquiring Air Deccan, Kingfisher suffered a loss of over 1,000 crore for 3 consecutive years
  18. 18. Contd.. • By early 2012,the airline accumulated losses of over 7,000 crore
  19. 19. CONSEQUENCES OF CRISIS
  20. 20. 1.Half of its fleet grounded
  21. 21. 2.Salaries delayed
  22. 22. 3.EMPLOYEES ON STRIKE
  23. 23. 4.THE FALL OF EMPIRE
  24. 24. Contd.. • Kingfisher Airlines received notice from the Airport Authority Of India on February 2012 regarding accumulated dues of 255.06 crore • By Feb 2012,Kingfisher has been declared NPA by following banks:  SBI  Bank of Baroda  PNB  IDBI  Central bank  BOI  CORPORATION BANK
  25. 25. VIJAY MALLYA & OUR FINANCIAL SYSTEM
  26. 26. “KING OF BAD TIMES” • Vijay Mallya among 612 Indians who stashed cash in tax havens • Kingfisher assets attached on tax default • No bidder turns-up for Vijay Mallya’s Goa Kingfisher villa • Vijay Mallya was not involved day to day affairs of KFA • SBI willing to settle Kingfisher loan issue with Vijay Mallya
  27. 27. THANK YOU

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  • AravindBabuP2

    Mar. 9, 2017

Pictures are to be spoken GOPIKA ARVIND

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