Tony Fernandes CEO of AirAsia,which is set to take wing in India soon along with the Tata Group and Arun Bhatia’s Telestra Tradeplace,seems to have taken a dig at beleaguered Kingfisher Airlines’ Vijay Mallya.
Observing that this was the “right time” to enter the Indian market,Tony Fernandes said,”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.”
However,no further clarifications are available.