Revealed: The real reason behind Kingfisher Airlines’ fall from grace
Different quarters attribute different reasons for Kingfisher Airlines’ lack of profitability that has caused them to beg the government to bail them out. Vijay Mallya blames the government for high taxes. Other businessmen blame Vijay Mallya for whining without understanding how a free market works. And so on. The real reason is however right under everyone’s noses.
(Based on a wisecrack floating around on Facebook)
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