Kingfisher Airlines has been flying low in the news recently. It is a known fact that its founder Mr. Vijay Mallya has been labelled as a defaulter for being unable to repay loans taken from several Indian banks and being charged with money laundering. The entity, Kingfisher Airlines, owes close to INR 9000 crores, including interest to these banks. The company has not been able to payback its dues as it has become a defunct company. The banks, after an unsuccessful attempt…