Tuesday, January 30, 2018

Clear Kingfisher aircraft not auctioned from airport: HC

Mumbai: With efforts to auction an Airbus 319 owned by Kingfisher Airlines failing to find buyers for the fourth time, Bombay high court on Monday said the aircraft, parked at the airport here, should be removed at the earliest.
"The aircraft has been occupying space at the airport for five years. If it is not airworthy, remove it immediately from the airport," said a division bench of Justices Satyaranjan Dharmadhikari and Bharati Dangre.
The official liquidator of the Karnataka high court is in-charge of the assets and records of the airline.
The aircraft was seized by sales tax department over dues of Rs 1,000 crore, liable to be paid by the airline, owned by businessman Vijay Mallya. The aircraft price had been reduced from $22.5 million to $12.5 million at the auctions. Airport authorities had i
30/01/18 Times of India

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