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Description:  Anurag Chadha had one thing to say after flight disruptions at billionaire Vijay Mallya’s Kingfisher Airlines Ltd. (KAIR) curtailed his holiday plans.

Source: Bloomberg.com

Date: 03/09/2012

Link:  http://www.bloomberg.com/news/2012-03-09/kingfisher-air-passenger-says-never-again-as-cash-crunch-disrupts-flights.html

Questions for discussion: 

  • What are the reasons for this firm’s cash flow problems?
  • What are the consequences?
  • How typical is this scenario for other firms dependent on continuous supply of key items such as fuel?

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