Vijay Mallya Aircraft

• 

  Vijay Mallya's Luxury Jet Finds No Takers For Third Time

  The service tax department has failed to find a buyer for Mr Mallya's luxury jet in three rounds of auctions.

• 

  Tax Department To Auction Vijay Mallya's Aircraft Next Month

  The Service Tax Department will next month auction liquor baron Vijay Mallya's corporate jet of the now-defunct Kingfisher Airlines to recover dues of Rs 535 crore.

• 

  Vijay Mallya Case: Debt Recovery Tribunal Asks Airbus To Deposit Rs 192.51 Crore

  The Debt Recovery Tribunal directed European aircraft manufacturer Airbus to deposit with it Rs 192.51 crore toward pre-delivery payment made by a consortium of banks for purchase of planes by now defunct Kingfisher Airlines controlled by Vijay Mallya.

• 

  High Court Paves Way For Fresh Auction Of Vijay Mallya's Plane

  The Bombay High Court today allowed a company, which had claimed to have won the auction for the fugitive industrialist Vijay Mallya's luxury jet for Rs 27.39 crore, to withdraw its bid paving the way for a fresh auction.

• 

  IndiGo, GoAir Made Parties In Vijay Mallya Case

  IndiGo and GoAir airline filed objections to interim applications of the consortium of banks led by Oriental Bank of Commerce, which pleaded before the Debt Recovery Tribunal under garnishee proceedings to direct the budget carriers to deposit the money to be paid to Airbus with it instead of paying to the aircraft maker in the Vijay Mallya case.

• 

  Vijay Mallya's Luxury Jet Awaits A Buyer

  Waiting to be auctioned off by tax authorities for recovery of their dues, beleaguered businessman Vijay Mallya's private luxury jet is reminiscent of his high-flying days - interspersed with plush sofas, a cushioned bed, bars, showers and even a bathrobe.

• 

  Auction Of Vijay Mallya's Private Jet Deferred: Report

  The Service Tax Department has deferred the auction of liquor baron Vijay Mallya's private jet to recover dues of Rs 535 crore to June 29-30, after just one potential bidder showed interest, an official said.

• 

  Service Tax Department to Auction Vijay Mallya's Aircraft 'Very Shortly'

  The Service Tax Department will "very shortly" auction liquor baron Vijay Mallya's aircraft to recover dues estimated at nearly Rs 535 crore, a senior Finance Ministry official said on Saturday.

• Cautious approach towards Indian carriers by leasing cos: CAPA

  The court battle among airport operators, tax authorities and Kingfisher Airlines' lessors over repossession of its planes may have a negative impact on other Indian carriers leasing aircraft from global leasing companies, a leading aviation consultancy firm has said.

• Kingfisher gets service tax department's notice threatening to seize all aircraft

  Kingfisher Airlines hit another turbulent patch with the service tax department issuing the airline a notice to seize all its aircraft.

• Kingfisher Airlines shares up on hopes that it may resume flights

  Shares in Kingfisher Airlines gained on Tuesday on reports that the promoters are likely to infuse Rs. 425 crore in the carrier to -partially restart- operations. Kingfisher Airlines, which has yet to submit its revival plan, is likely to resume operations with 21 aircraft, sources told NDTV.

• Kingfisher grounded: Will try to clear salaries within 'next few days', says CEO Sanjay Aggarwal

  The Directorate General of Civil Aviation (DGCA), which is the regulatory body for airlines, has told top executives of Kingfisher Airlines that it will be allowed to operate only after ensuring its employees return to work. 270 of its engineers have been on strike since Sunday, triggering its latest crisis. After the meeting with the DGCA, Sanjay ...

• Domestic aviation industry capacity may rise by 13-14%: HSBC

  If Kingfisher continues to operate its current fleet of 20 aircrafts, HSBC expects the domestic aviation industry to rise by 13-14% over the next 2 years.

• Kingfisher asked to pay Rs 60 cr service tax: CBEC

  The carrier has been plagued by rising debt, cancelled flights and threats of strikes from unpaid employees.

• Vijay Mallya meets civil aviation minister

  The meeting came a day after he submitted a curtailed summer schedule of around 100 daily flights with 20 aircraft to the Director General of Civil Aviation, starting from March25.