Vijay Mallya Plane
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Crashed Nepal Plane Was Earlier Owned By Now-Defunct Kingfisher Airlines
The Nepalese passenger plane, which crashed into a river gorge on Sunday with 72 people onboard, was previously used by the now-defunct Kingfisher Airlines owned by liquor baron Vijay Mallya, according to Cirium Fleets data.
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Vijay Mallya Blames Faulty Engines For Kingfisher Airlines Collapse
A group firm of Pratt & Whitney has been sued for supplying defective engines to Kingfisher Airlines, Vijay Mallya said amid aviation regulator DGCA ordering detailed inspection of P&W engines powering some Airbus 320 neo planes being operated in India.
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Banks To Again Auction Kingfisher Villa Tomorrow
The Service Tax Department has failed twice to get any bidders for a luxury jet, owned by Mallya, which is in its possession.
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High Court Asks Service Tax Department To Revalue Mallya's Plane
Mallya, who left the country earlier this year, is also facing action after defaulting on over Rs 9,000 crore of loans from 17 banks.
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Tax Department To Auction Vijay Mallya's Personal Jet On November 28-29
In its bid to recover around Rs 535 crore due from beleaguered businessman Vijay Mallya, the Service Tax Department is looking at having more participation when it reauctions his luxury personal jet on November 28-29.
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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.
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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.
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Vijay Mallya's Jet To Be Auctioned At Low Reserve Price
Having failed to get good valuation in the first attempt to auction the personal luxury plane of beleaguered businessman Vijay Mallya last week, the Service Tax Department is gearing up for the second attempt with a lower reserve price for bidders.
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Vijay Mallya's Jet To Be Auctioned At Lower Reserve Price: Report
Having failed to get a good valuation in the first attempt to auction beleaguered businessman Vijay Mallya's personal luxury plane last week, the Service Tax Department is gearing up for a second attempt with a lower reserve price for bidders.
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Rusty Jets On Tarmac Show India Beer Baron's Fallen Empire
In an airfield in southern India, seven planes of the failed Kingfisher Airlines rust away -- relics of a former billionaire's ambition and emblems of the complex regulations that hamper Indian aviation.
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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.
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India to help lessors repossess grounded planes: report
Germany's DVB Bank SE, a plane financier, has sued India's aviation regulator and Kingfisher to have two planes it financed for the carrier deregistered by the regulator, which would allow them to be flown in another country.
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Kingfisher Airlines' failure to return planes could scare off funds: ILFC
One of the world's largest leasing firms has warned India the failure of troubled carriers like Kingfisher Airlines to return airplanes when they cannot pay their bills could put the country's aviation growth at risk by scaring away new funding.
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Kingfisher Airline's revival plan has no clear funding proposal: aviation minister
Kingfisher Airlines, which has not flown since October, has estimated debts of $2.5 billion and owes money to banks, airports, tax authorities, plane leasing companies and its staff.
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Government warns could cancel Kingfisher Airlines license
Kingfisher Airlines has said it will halt international flights and fly just 20 planes as it seeks funding.
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Crashed Nepal Plane Was Earlier Owned By Now-Defunct Kingfisher Airlines
The Nepalese passenger plane, which crashed into a river gorge on Sunday with 72 people onboard, was previously used by the now-defunct Kingfisher Airlines owned by liquor baron Vijay Mallya, according to Cirium Fleets data.
-
Vijay Mallya Blames Faulty Engines For Kingfisher Airlines Collapse
A group firm of Pratt & Whitney has been sued for supplying defective engines to Kingfisher Airlines, Vijay Mallya said amid aviation regulator DGCA ordering detailed inspection of P&W engines powering some Airbus 320 neo planes being operated in India.
-
Banks To Again Auction Kingfisher Villa Tomorrow
The Service Tax Department has failed twice to get any bidders for a luxury jet, owned by Mallya, which is in its possession.
-
High Court Asks Service Tax Department To Revalue Mallya's Plane
Mallya, who left the country earlier this year, is also facing action after defaulting on over Rs 9,000 crore of loans from 17 banks.
-
Tax Department To Auction Vijay Mallya's Personal Jet On November 28-29
In its bid to recover around Rs 535 crore due from beleaguered businessman Vijay Mallya, the Service Tax Department is looking at having more participation when it reauctions his luxury personal jet on November 28-29.
-
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.
-
Vijay Mallya's Jet To Be Auctioned At Low Reserve Price
Having failed to get good valuation in the first attempt to auction the personal luxury plane of beleaguered businessman Vijay Mallya last week, the Service Tax Department is gearing up for the second attempt with a lower reserve price for bidders.
-
Vijay Mallya's Jet To Be Auctioned At Lower Reserve Price: Report
Having failed to get a good valuation in the first attempt to auction beleaguered businessman Vijay Mallya's personal luxury plane last week, the Service Tax Department is gearing up for a second attempt with a lower reserve price for bidders.
-
Rusty Jets On Tarmac Show India Beer Baron's Fallen Empire
In an airfield in southern India, seven planes of the failed Kingfisher Airlines rust away -- relics of a former billionaire's ambition and emblems of the complex regulations that hamper Indian aviation.
-
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.
-
India to help lessors repossess grounded planes: report
Germany's DVB Bank SE, a plane financier, has sued India's aviation regulator and Kingfisher to have two planes it financed for the carrier deregistered by the regulator, which would allow them to be flown in another country.
-
Kingfisher Airlines' failure to return planes could scare off funds: ILFC
One of the world's largest leasing firms has warned India the failure of troubled carriers like Kingfisher Airlines to return airplanes when they cannot pay their bills could put the country's aviation growth at risk by scaring away new funding.
-
Kingfisher Airline's revival plan has no clear funding proposal: aviation minister
Kingfisher Airlines, which has not flown since October, has estimated debts of $2.5 billion and owes money to banks, airports, tax authorities, plane leasing companies and its staff.
-
Government warns could cancel Kingfisher Airlines license
Kingfisher Airlines has said it will halt international flights and fly just 20 planes as it seeks funding.
