India needs more Kingfishers

As Kingfisher Airlines Ltd loses its right to fly, it is tempting to cast off its departure as comeuppance. After all, its flamboyant owner Vijay Mallya flouted every rule in the cost-control manual, exerted unusual influence with lending agencies to get cheap and frequent loans and hasn’t paid his staff for months. Fair enough, one would surmise; he had it coming.

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