How many flights does kingfisher have?

Kingfisher airlines bank frozen?

  • In a latest news shows that King fisher has money in bank but bank accounts are frozen by indian tax authorities...Why is it frozen??what is the issue? Its not the matter that he has no money...its becasue he cant take the money from the bank since its frozen... Kingfisher's bank accounts were frozen by India's tax authorities in February which restricted the carrier's ability to make salary and other payments to ensure smooth running of its daily operations, resulting in the grounding of several flights. The bank accounts were unfrozen on Sunday after the airline paid a total of Rs 64 crore to various tax authorities before March 31, Mallya said.

  • Answer:

    Kingfisher is having financial problems and the airline is really close to shutting down. Maybe they didn't pay their taxes and the Indian government froze their accounts to tap into their account for the money owed.

Game at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

Kingfisher is having financial problems and the airline is really close to shutting down. Maybe they didn't pay their taxes and the Indian government froze their accounts to tap into their account for the money owed.

potatoch...

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.