That means they are essentially charity services!
The Kingfisher Mess
- Thread starter Indizen
- Start date
I said they have Cash accurals!!!That means they are essentially charity services!
Check for different airlines and you will know.
Skip the semantics of cash accruals and cash flows; that is for accountants.
This is what I understand, as Wiki puts it:
This is what I understand, as Wiki puts it:
http://en.wikipedia.org/wiki/IndiGo
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If not for cash flows why would the other airlines be running.
Sorry for not reading this for a while. The argument (trying to be humble) that airlines run for cash flows does not make any sense. 100% of airlines in USA make profit, otherwise they merge or go bankrupt. PanAM, TWA, America West etc. do not exist today. It is all market dynamics.
I can see where this line of reasoning is coming from. In India, railways, airlines (Indian Airlines & Air India), government owned steel companies, Coal India etc. all run for loss or used to run for loss. Tax payers indirectly used to foot in the bill. Things are changing, however. Government, I think, is getting tired of inflation and taxes and are asking companies to go on their own. Coal India had an IPO and is almost starting to raise funds (if I am correct).
In fact, that is what Mallaya wanted-- a bailout from the government. I think Indian public is now smarter and can see through the entitlement culture and asking government and companies to be more accountable.
I can see where this line of reasoning is coming from. In India, railways, airlines (Indian Airlines & Air India), government owned steel companies, Coal India etc. all run for loss or used to run for loss. Tax payers indirectly used to foot in the bill. Things are changing, however. Government, I think, is getting tired of inflation and taxes and are asking companies to go on their own. Coal India had an IPO and is almost starting to raise funds (if I am correct).
In fact, that is what Mallaya wanted-- a bailout from the government. I think Indian public is now smarter and can see through the entitlement culture and asking government and companies to be more accountable.
Indizen
Active Member
Gone Forever: The Kingfisher Fades Into the Horizons?
Kingfisher Airlines flies towards point of no return - Reuters -
Kingfisher Airlines flies towards point of no return - Reuters -
MudgilSushil
DC Junkie ....
Purely a selffish question ...
I don;t think KF will die down. we agree or not , govt will bail them out directly or in Indirectly. i have no doubt on that .
considering above, does it make sense to Pick up KF shares from market now aka satyam style and being some profits into otherwise already suffering RED portfolio
I don;t think KF will die down. we agree or not , govt will bail them out directly or in Indirectly. i have no doubt on that .
considering above, does it make sense to Pick up KF shares from market now aka satyam style and being some profits into otherwise already suffering RED portfolio
Indizen
Active Member
Jet airways, Spicejet, Goair... as well as the Maharaja are all making losses.
Will they all be bailed out?
How?