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Rusty jets on tarmac show India beer baron's fallen empire

After five straight years of losses and mounting debt, Kingfisher Airlines was grounded in October 2012 as workers protested unpaid wages and lenders unsuccessfully attempted to revive the carrier.

New Delhi

IN an airfield in southern India, seven planes of the failed Kingfisher Airlines Ltd rust away - relics of a former billionaire's ambition and emblems of the complex regulations that hamper Indian aviation.

The decaying aircraft, damaged by floods in Chennai late last...

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