With No Takers For Kingfisher House, Creditors To Put Kingfisher Logo & Tagline Up For Auction
Bankers consortium trying to recover debt of liquor baron Vijay Mallya will auction the trademarks of Kingfisher Airlines. The auction is scheduled for Saturday with a reserve price of Rs 366 crore for the trademarks.
The bankers consortium trying to recover the debt of liquor baron Vijay Mallya will auction the trademarks of Kingfisher Airlines, including the'Kingfisher' logo and the once-famous 'Fly the Good Times' tagline.
Logodatabase
The auction is scheduled for Saturday, with a reserve price of Rs 366 crore, for the trademarks, which also include Flying Models, Fly the Good Times, Funliner, Fly Kingfisher, Flying Bird device.
Wikia
The bankers are able to auction the logos because Kingfisher had pledged the trademarks as collateral with banks at the time of taking loans from them.
News18
Earlier the creditors had put the Kingfisher House, the erstwhile headquarters of the defunct carrier up for auction, but failed to attract any potential buyers.
Bobins Abraham is the Assistant News Editor at Indiatimes. He has more than twelve years of experience in TV and digital journalism. An avid student of history and geopolitics, he is a conservationist and environmentalist at heart. He writes on environment, sustainability, human-animal conflict and more.
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