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This is an archive article published on July 3, 2013

AirAsia8217;s Tony Fernandes takes dig at Kingfisher Airlines8217; Vijay Mallya?

Tony Fernandes may have set of a controversy in India with his comments.

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Tony Fernandes CEO of AirAsia,which is set to take wing in India soon along with the Tata Group and Arun Bhatia8217;s Telestra Tradeplace,seems to have taken a dig at beleaguered Kingfisher Airlines8217; Vijay Mallya.

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Observing that this was the 8220;right time8221; to enter the Indian market,Tony Fernandes said,8221;silly capital has gone out. Eight years ago,I said I will never come to India as there are crazy guys in this business who had too much money to throw away. They have lost all their money now. There is a bit of sensible business now.8221;

However,no further clarifications are available.

 

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