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<b>Letters:</b> Air India and Mallya

With reference to "Oh, to be in Mallya's shoes

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Last Updated : Jun 05 2017 | 11:06 PM IST
With reference to “Oh, to be in Mallya’s shoes!” (June 3), given the consistently worsening financial conditions of India’s national carrier to severely impact the books of lenders it won’t be a surprise really if Kingfisher’s Vijay Mallya proved to be a lucky guy, in the ultimate analysis. In other words, the whole process of restructuring/recasting the debts of Air India — if it is to take shape — might also set the ball rolling for Vijay Mallya to come forward with similar or other suitable proposals and enjoy some relief in terms of a compromise settlement to clear the banks’ dues.

Srinivasan Umashankar  Nagpur
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