http://news.bbc.co.uk/2/hi/business/8326369.stm
Random Thoughts
- Airlines and Retailing are tough business whether we like it or not. If you look at the history of Warren Buffet, he quickly figured out that Hochschild Kohn is tough business and even investing in airlines does not make sense. Even in India, a lot of investors are going to get burnt due to investing in Retail business and Airlines. It especially bothers me by reading below headlines. This is classic wealth transfer. I hope Mallya realizes there is a lot of structural differences in business economics in Kinfisher beer vs Kinfisher airlines.
"Kingfisher Airlines 2009-2010 Q2 Registers Loss
Last Updated: 2009-10-28T15:24:20+05:30
Private carrier Kingfisher Airlines has registered a net loss of Rs.419 crore for the second quarter of the 2009-10 fiscal which ended Sep 30 against the net loss of Rs.483 crore registered during corresponding period last fiscal.
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Thursday, October 29, 2009
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