Kingfisher Strike Adds to Mallya’s $1.1 Billion Debt-Pledge Risk

Kingfisher Strike Adds to Mallya’s $1.1 Billion Debt-Pledge Risk

Dhiraj Singh/Bloomberg

The strike, which comes after Kingfisher locked out some workers and halted flights Oct. 1, further complicates Mallya’s almost 12 month search for a new investor for the carrier following years of losses.