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1 Jan 2013, 20:19 (Ref:3183619)
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Veteran
Join Date: Mar 2000
Posts: 4,413
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Force India in trouble
http://www.bbc.co.uk/news/world-asia-india-20881007
============= India's Kingfisher Airlines loses licence to fly A Kingfisher counter at New Delhi airport Kingfisher's licence has been suspended because of concerns over finances and safety India's troubled Kingfisher Airlines has lost its flying permit after a deadline to renew its suspended licence expired, the aviation regulator said. Kingfisher has $1.4bn (£870m) in debts and it is looking to raise funds after lenders refused to give fresh loans =============== so will this mean FI's owner will have to sell the team? |
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