Mr. Vijay Mallya Is currently in the headlines regarding the financial and other troubles of the Airlines. Everyone in the government, business and media is speculating about whether and how Vijay Mallya will overcome ongoing financial crunch or will kingfisher keep flying? About Vijay Mallya Vijay Mallya is considered as one of the most flamboyant and flashy CEO’s of India who has the habit of always staying in the limelight. He is Chairman of the Kingfisher Airlines and even the United Breweries Group. Mallya’s flagship company United Breweries has the distinction of being the producer of liquor maker by volume. Apart from that, he is also co-owner of the Indian Premier League team Bengal Royal Challengers, I-League team East Bengal FC and Formula One team Force India. He has purchased the items that are historical treasures of India like Tipu Sultan’s sword from an auction and brought them back to India. He is one of the biggest sponsors of the East Bengal football team. Recently he is continuously in the news regarding the multiple financial troubles that Kingfisher is facing. Current state of Kingfisher airlines Kingfisher Airlines is facing multiple troubles today. The pilots have quit at large over the past 3 months. Flights, at a high rate are being cancelled. The cost of fuel has risen considerably thus increasing the airlines debt. To make things all the more difficult, Hindustan Lever had stopped the fuel supply for a couple of hours due to unpaid cost of the supply of fuel. The rising interest rate has increased the debt or the financial crunch of Kingfisher further. It has become a very vicious circle. The companies cannot operate flights due to the shortage of the pilots. No flights mean lack of revenues, which further means, that there will be an increase in debts of the airlines; this again precipitates the vicious circle again. What the future has in store The Chairman of Kingfisher Airlines, Vijay Mallya is one of the most famous faces in the Indian Media who is a billionaire according the FORBES. He is also one person who has carved out one of big business empires in India. For him, the times are tough as one of his empire; Kingfisher Airlines is in financial crisis today and facing problems from multiple fronts. Everyone in the business and media world is asking just one question that how Vijay Mallya will overcome ongoing financial crunch and will kingfisher keep flying or file for bankruptcy. These people forget that Mr. Vijay Mallya is one of the top industrialists of India, who has lot of credibility and experience besides being an MP in the Indian Rajya Sabha. He is sure to meet face these problems and even overcome them to make Kingfisher fly again. .