Kingfisher Airlines—King of Good Times Trapped in Bad Weather
CASE STUDY Kingfisher Airlines—King of Good Times Trapped in Bad Weather Dr. J.N Mukhopadhay Prof. Subhendu Dey Prof. Prithviraj Bannerjee Ms. Soumali Dutta Sr. V.P. (Ex) SREI, Dean, Associate Dean and Assistant Professor, Research Associate, Globsyn Business School, Head - Knowledge Cell, Globsyn Business School, Globsyn Business School, Kolkata Globsyn Business School, Kolkata Kolkata Kolkata Th is case is not intended to show eff ective or ineff ective handling of decision or business processes © 2012 by Knowledge Cell, Globsyn Business School, Kolkata. No part of this publication may be reproduced or transmitted in any form or by any means—electronic, mechanical, photocopying, recording or otherwise (including the internet)—without the permission of Globsyn Business School n October 4th, 2012, Mrs. Sushmita Chakarborti, subsidiary. Vittal Mallya’s son Vijay Mallya, who previously, wife of Mr. Manas Chakraborti, a Store Manager managed the Brewery and Spirits division of UBL, was Owith Kingfi sher Airlines, committed suicide elected by the shareholders as the Chairman of UB Group, at their South-West Delhi residence. She was battling in 1983. Mallya expanded the UB groups’ business into depression and wrote a suicide note stating that her pharmaceuticals, paints, petrochemicals, plastic, electro- husband works with Kingfi sher Airlines, where they have mechanical batteries, food products, carbonated beverages, not paid him salary for the last six months and due to acute Pizza chains, soft ware, TV channels, and IPL, transforming fi nancial crisis of the family, she committed suicide11. UB Group as one of the largest business conglomerates Kingfi sher Airlines, launched in 2003 by UB Group with defi ned corporate structure and corporate governance Chairman Vijay Mallya as a premium full-service carrier policy 2.
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