Crisis News
Kingfisher crisis deepens; govt says no bailout Kingfisher Airlines, controlled by liquor baron Vijay Mallya, cancelled more flights on Monday and the government said it will not bail out the ailing carrier, local media reported. Top officials of Kingfisher, including CEO Sanjay Aggarwal, were summoned by the Directorate General of Civil Aviation to explain disruptions in flight operations, media reports said. In Focus: Chennai new frontline
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