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Vijay Mallya is in news as the Debt Recovery Tribunal on March 7 is set to pass orders on State Bank of India’s plea on how to use the $75-million payout from Diageo to his UB Group. The liquor baron has over the past few years been selling off most of his assets, among them is his priced Airbus A319 jet. (Express photo) <br><a href="https://www.financialexpress.com/article/industry/companies/vijay-mallya-loan-default-case-know-what-makes-a-wilful-defaulter/220332/"><strong>Verdict on Vijay Mallya default case today; know who is a ‘wilful defaulter’</strong></a></br>
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The 2006 Airbus A319, which had the registration VT-VJM after his initials, is expected to be auctioned by the Service Tax to recover over Rs 370 crore in dues and penalty. (Express photo) <br><a href="https://www.financialexpress.com/article/industry/companies/vijay-mallya-loan-default-case-know-what-makes-a-wilful-defaulter/220332/"><strong>Verdict on Vijay Mallya default case today; know who is a ‘wilful defaulter’</strong></a></br>
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The aircraft can accommodate seat 22 passengers plus two crew and is owned by C J Leasing (Cayman) Ltd and is given on lease to Kingfisher. (Express photo)<br><a href="https://www.financialexpress.com/article/industry/companies/vijay-mallya-loan-default-case-know-what-makes-a-wilful-defaulter/220332/"><strong>Verdict on Vijay Mallya default case today; know who is a ‘wilful defaulter’</strong></a></br>
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The 'King of Good Times' used to fly in this plus aircraft to London and the US, with a single refuelling halt. His jet which along with lavish interiors offered 6,000 cubic foot of living space. <br><a href="https://www.financialexpress.com/article/industry/companies/vijay-mallya-loan-default-case-know-what-makes-a-wilful-defaulter/220332/"><strong>Verdict on Vijay Mallya default case today; know who is a ‘wilful defaulter’</strong></a></br>
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A brand new Airbus A319 aircraft will cost approximatley $90 million. Mallya’s aircraft is a decade old and will be relaltively cheaper. (Express photo)
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Though it is a personal aircraft, VT-VJM was operated and maintained by Kingfisher airlines. The aircraft has at least one full bedroom and shower. (Express photo)
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As per reports, the plane now uses the UB Group logo without any Kingfisher branding. It has also stopped using the radio call sign “Kingfisher 11”. (Express photo)
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This personal jet along with five ATR planes and two helicopters had been confiscated by the Service Tax Department in 2013. (Express photo)<br><a href="https://www.financialexpress.com/article/industry/companies/vijay-mallya-loan-default-case-know-what-makes-a-wilful-defaulter/220332/"><strong>Verdict on Vijay Mallya default case today; know who is a ‘wilful defaulter’</strong></a></br>
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Kingfisher Airline's dues have been pending since 2011, and have now added up to over Rs 370 crore. (Express photo)<br><a href="https://www.financialexpress.com/article/industry/companies/vijay-mallya-loan-default-case-know-what-makes-a-wilful-defaulter/220332/"><strong>Verdict on Vijay Mallya default case today; know who is a ‘wilful defaulter’</strong></a></br>
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Mukesh Ambani, CMD of Reliance Industries, is the only other Indian to own a private Airbus A319. Ambani’s Airbus 319 reportedly has a custom-fitted office and cabin with game consoles, music systems and satellite television. <br><a href="https://www.financialexpress.com/article/industry/companies/vijay-mallya-loan-default-case-know-what-makes-a-wilful-defaulter/220332/"><strong>Verdict on Vijay Mallya default case today; know who is a ‘wilful defaulter’</strong></a></br>
OG Box Office Collection Day 3: Pawan Kalyan-Emraan Hashmi starrer slows on Saturday, crosses Rs 200 crore mark worldwide
