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    Kingfisher to meet lenders on Tuesday

    After pacifying its employees over salary dues, Kingfisher Airlines is taking its next step on the long road to recovery. CNBC-TV18 learns that Vijay Mallya is likely to meet the lenders tomorrow.

    October 30, 2012 / 09:31 IST
       
       
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      After pacifying its employees over salary dues, Kingfisher Airlines is taking its next step on the long road to recovery. CNBC-TV18 learns that Vijay Mallya is likely to meet the lenders tomorrow.


      The airline owes Rs 7,500 crore to banks. Banks have refused to provide anymore lifeline to Kingfisher until it comes up with a concrete plan to satisfy them. Meanwhile, the Kingfisher stock went up by over 3% in trade today.

      first published: Oct 29, 2012 10:21 pm

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