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Post-2010, the airline failed to capture markets which was a major red flag as its competitors continued to do so. Finally, the grounding of Kingfisher Airlines in 2012 and the cancellation of its license in December 2012 ended the Kingfisher journey. Despite its success, Kingfisher was consistently making losses since its inception.
Wright: Yes, So yes, is the quick answer, the more convoluted answer would be that we should control internally… We’re a fraternity of ethics and competency testing that should be different from the SEC. Salaske: Right, now.
These are ethically compromised executives who are just hell bent on increasing profits by any means necessary. I mean, you know, it’s a tough world ethic. So it’s a license to steal. It seems like ethics is completely irrelevant. It’s 2010. And these are not nice people. Its culture, its tactics.
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