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What is the name of the low cost airline floated byVijay Mallya's UB Group?
Wiki User
∙ 11y ago
The UB Group, headed up by Vijay Mallya, is an Indian conglomerate. In 2005, the UB Group started Kingfisher Airlines.
Although its start was promising, it fell afoul of the global financial crisis. Unable to pay salaries, landing slot fees, and aircraft leases, Kingfisher was told to vacate its premises at Mumbai International Airport. On October 2012, Kingfisher's operating license expired.
Wiki User
∙ 11y ago
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