‘VT-VJM’ dismantled at Air India hanger

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Following at least three failed auctions and extended legal procedures, the aircraft was auctioned by the official liquidator attached to the Karnataka high court in June last year.

New Delhi: Fugitive economic offender Vijay Mallya’s luxury aircraft, which bears his initials ‘VT-VJM’, was dismantled at Air India hangar in Mumbai. It may be noted that following at least three failed auctions and extended legal procedures, the aircraft was auctioned by the official liquidator attached to the Karnataka high court in June last year.

The US-based Aviation Management Sales (AMS) won the bid at a price of 34.8 crore (USD 5.05 million). It was taken to Air India hangar in mid-February and parts are being removed and sent to the US firm. In December 2013, the aircraft plane was attached by the service tax department.Air India’s regional director (West) Mukesh Bhatia told Bangalore Mirror: “This aircraft can’t be made fly-worthy. It is being dismantled in our workshop. The process of dismantling is on and it will take some time.” As per the bidding norms, the jet had to be removed from the tarmac within two months, the daily mentioned citing people in the know in the aviation industry.

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