Vijay Mallya's Private Jet goes to scrap
Published on April 16, 2015 12:38:38 PM
Liquor baron Vijay Mallya's 11-seater private jet has been sold for scrap to pay for the dues on his grounded carrier Kingfisher Airlines at the Mumbai International Airport.
Mumbai International Airport has auctioned his jet for Rs. 22 lakh, according to Mid Day. The buyer, Silent Enterprises, will reportedly recover the amount spent on it by selling its various parts as scrap.
The process of dismantling, Mid Day reported, which started on April 6, is expected to completed by next week. Workers are working for eight hours everyday to finish the job, the report said.