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Kingfisher Airlines crisis was blown out of proportion: Vijay Mallya

CNN-IBN
Oct 27, 2012 at 01:32pm IST

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New Delhi: Kingfisher Airlines Chairman Vijay Mallya downplayed the crisis that hit the airlines saying it was blown out of proportion. "Kingfisher crisis is blown out of proportion, some companies do well, some don't," Mallya said.

Mallya returned to the country after a month-long overseas visit. He was at the Buddh International Circuit Formula 1 track, where the qualifiers for the Indian Grand Prix were taking place.

ALSO SEE UB Group will fund Kingfisher's revival: Sources

He said that the airlines has submitted a robust plan for its revival to the Directorate General of Civil Aviation (DGCA). "Sanjay Agarwal is looking into it, we have given a very robust and comprehensive plan," Mallya said. He also said that he was open to meeting the employees of the organisation. "If the employees want to meet me, they know where I live in Delhi," Mallya said.

He also added, "I have always been available. If you are trying to suggest that whatever settlement we have reached is without my participation, you are wrong."

ALSO SEE Kingfisher has to satisfy DGCA: Ajit Singh

Mallya also brushed aside reports that the Kingfisher employees will protest at the circuit. "That is something the media mentioned it as their perception, there is no question of any disturbance or protest," he said.

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