Thursday 31 May 2012

Kingfisher sells Mumbai office to Collect funds

Cash-strapped Kingfisher Airlines is selling its corporate office building in Mumbai.

Bankers belonging to the lending consortium told Business Line that the airline has approached the bank to give a go-ahead for the sale of Kingfisher House, located on the Western Express Highway. “The file is with the heads of banks now, and any decision on the approval is yet to be conveyed to the company,” said a bank official.
For More information...
http://www.eturbonews.com/29458/kingfisher-sells-mumbai-corporate-office-raise-funds

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